Prudential PLC Makes New Investment in iShares MSCI Spain ETF $EWP

Prudential PLC bought a new position in iShares MSCI Spain ETF (NYSEARCA:EWP) in the 4th quarter, Holdings Channel reports. The firm bought 309,100 shares of the exchange traded fund’s stock, valued at approximately $16,664,000.

Other hedge funds have also made changes to their positions in the company. BOKF NA purchased a new stake in shares of iShares MSCI Spain ETF in the 3rd quarter worth $25,000. Comerica Bank lifted its holdings in shares of iShares MSCI Spain ETF by 303.9% in the 4th quarter. Comerica Bank now owns 521 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 392 shares during the period. Wolff Wiese Magana LLC purchased a new stake in shares of iShares MSCI Spain ETF in the 4th quarter worth $44,000. Private Trust Co. NA lifted its holdings in shares of iShares MSCI Spain ETF by 4,519.2% in the 4th quarter. Private Trust Co. NA now owns 1,201 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 1,175 shares during the period. Finally, Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares MSCI Spain ETF in the 2nd quarter worth $63,000. 38.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Trading Up 1.1%

Shares of EWP stock opened at $57.50 on Friday. iShares MSCI Spain ETF has a twelve month low of $42.36 and a twelve month high of $58.99. The stock has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. The stock has a fifty day simple moving average of $56.38 and a two-hundred day simple moving average of $54.94.

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.