Hsbc Holdings PLC reduced its stake in shares of iShares MSCI Spain ETF (NYSEARCA:EWP – Free Report) by 18.7% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,934,493 shares of the exchange traded fund’s stock after selling 903,053 shares during the period. Hsbc Holdings PLC owned 11.87% of iShares MSCI Spain ETF worth $213,682,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Montag A & Associates Inc. grew its position in shares of iShares MSCI Spain ETF by 1.9% in the 1st quarter. Montag A & Associates Inc. now owns 70,976 shares of the exchange traded fund’s stock valued at $3,855,000 after buying an additional 1,300 shares during the last quarter. Moran Wealth Management LLC raised its position in shares of iShares MSCI Spain ETF by 18.9% during the first quarter. Moran Wealth Management LLC now owns 165,996 shares of the exchange traded fund’s stock worth $9,015,000 after acquiring an additional 26,416 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of iShares MSCI Spain ETF during the first quarter worth about $511,000. Financial & Tax Architects LLC lifted its stake in shares of iShares MSCI Spain ETF by 9.1% in the first quarter. Financial & Tax Architects LLC now owns 45,560 shares of the exchange traded fund’s stock worth $2,474,000 after acquiring an additional 3,809 shares during the period. Finally, Millburn Ridgefield LLC DE boosted its holdings in iShares MSCI Spain ETF by 4.3% in the first quarter. Millburn Ridgefield LLC DE now owns 213,236 shares of the exchange traded fund’s stock valued at $11,581,000 after acquiring an additional 8,798 shares during the last quarter. 38.17% of the stock is owned by institutional investors and hedge funds.
iShares MSCI Spain ETF Stock Performance
iShares MSCI Spain ETF stock opened at $59.16 on Friday. iShares MSCI Spain ETF has a 52-week low of $43.85 and a 52-week high of $60.49. The firm has a 50 day moving average price of $58.09 and a two-hundred day moving average price of $56.35. The firm has a market cap of $1.97 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67.
About iShares MSCI Spain ETF
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.
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