iShares MSCI Spain ETF (NYSEARCA:EWP) Stock Price Cross Above Fifty Day Moving Average – What’s Next?

Shares of iShares MSCI Spain ETF (NYSEARCA:EWP) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $35.71 and traded as high as $38.15. iShares MSCI Spain ETF shares last traded at $38.06, with a volume of 248,560 shares trading hands.

iShares MSCI Spain ETF Trading Down 0.9 %

The stock has a 50 day moving average of $35.71 and a 200-day moving average of $34.02. The company has a market capitalization of $865.10 million, a P/E ratio of 11.90 and a beta of 0.95.

Hedge Funds Weigh In On iShares MSCI Spain ETF

A number of hedge funds have recently modified their holdings of the company. FMR LLC lifted its position in shares of iShares MSCI Spain ETF by 1,603.8% in the third quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock valued at $64,000 after acquiring an additional 1,700 shares in the last quarter. Benjamin Edwards Inc. bought a new stake in iShares MSCI Spain ETF during the 3rd quarter valued at approximately $543,000. Arizona PSPRS Trust purchased a new position in iShares MSCI Spain ETF in the 3rd quarter worth approximately $716,000. Integrated Wealth Concepts LLC bought a new position in iShares MSCI Spain ETF in the 3rd quarter worth approximately $1,218,000. Finally, Wellington Management Group LLP purchased a new stake in iShares MSCI Spain ETF during the 3rd quarter valued at approximately $577,000.

iShares MSCI Spain ETF Company 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).