iShares MSCI Spain ETF (NYSEARCA:EWP) Sees Unusually-High Trading Volume – Here’s Why

Shares of iShares MSCI Spain ETF (NYSEARCA:EWP) saw an uptick in trading volume on Tuesday . 372,826 shares changed hands during mid-day trading, an increase of 28% from the previous session’s volume of 291,558 shares.The stock last traded at $34.78 and had previously closed at $34.56.

iShares MSCI Spain ETF Stock Down 0.1 %

The stock has a market cap of $1.08 billion, a price-to-earnings ratio of 12.75 and a beta of 0.76. The company has a 50 day simple moving average of $33.67 and a 200 day simple moving average of $32.74.

Institutional Trading of iShares MSCI Spain ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of iShares MSCI Spain ETF during the second quarter worth about $36,000. Sunbelt Securities Inc. bought a new stake in iShares MSCI Spain ETF during the 2nd quarter worth approximately $75,000. SG Americas Securities LLC acquired a new position in iShares MSCI Spain ETF in the 2nd quarter valued at approximately $190,000. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI Spain ETF during the second quarter valued at $238,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of iShares MSCI Spain ETF by 28.6% during the second quarter. Bank of New York Mellon Corp now owns 10,387 shares of the exchange traded fund’s stock worth $324,000 after purchasing an additional 2,307 shares during the period.

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).