Principal Financial Group Inc. Invests $10.12 Million in iShares MSCI Spain ETF $EWP

Principal Financial Group Inc. acquired a new stake in iShares MSCI Spain ETF (NYSEARCA:EWP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 204,452 shares of the exchange traded fund’s stock, valued at approximately $10,120,000.

Other large investors have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC acquired a new stake in iShares MSCI Spain ETF during the 2nd quarter worth approximately $30,710,000. Tradewinds Capital Management LLC increased its position in shares of iShares MSCI Spain ETF by 126,837.9% during the second quarter. Tradewinds Capital Management LLC now owns 689,273 shares of the exchange traded fund’s stock worth $30,349,000 after acquiring an additional 688,730 shares during the period. Hsbc Holdings PLC raised its stake in shares of iShares MSCI Spain ETF by 17.0% in the second quarter. Hsbc Holdings PLC now owns 4,389,321 shares of the exchange traded fund’s stock valued at $193,262,000 after acquiring an additional 639,320 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of iShares MSCI Spain ETF in the second quarter valued at $16,165,000. Finally, Bank of Nova Scotia purchased a new position in iShares MSCI Spain ETF in the second quarter valued at $13,548,000. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Price Performance

EWP opened at $56.16 on Friday. The business has a fifty day moving average price of $54.67 and a 200 day moving average price of $50.97. iShares MSCI Spain ETF has a 12 month low of $33.85 and a 12 month high of $57.63. The stock has a market capitalization of $1.87 billion, a price-to-earnings ratio of 10.89 and a beta of 0.86.

iShares MSCI Spain ETF Profile

iShares MSCI Spain Capped ETF, formerly iShares MSCI Spain Index Fund, is an exchange-traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Spanish market, as measured by the MSCI Spain Index (the Index). The Index seeks to measure the performance of the Spanish equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.