Principal Financial Group Inc. Buys 94,160 Shares of iShares MSCI Spain ETF $EWP

Principal Financial Group Inc. grew its stake in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 31.3% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 395,149 shares of the exchange traded fund’s stock after buying an additional 94,160 shares during the period. Principal Financial Group Inc. owned approximately 1.19% of iShares MSCI Spain ETF worth $21,461,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of EWP. BOKF NA bought a new position in iShares MSCI Spain ETF in the third quarter worth $25,000. Comerica Bank boosted its stake 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 valued at $28,000 after purchasing an additional 392 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of iShares MSCI Spain ETF during the 1st quarter worth about $41,000. Wolff Wiese Magana LLC bought a new stake in iShares MSCI Spain ETF during the fourth quarter worth about $44,000. Finally, Private Trust Co. NA boosted 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 acquiring an additional 1,175 shares in the last quarter. Institutional investors and hedge funds own 38.17% of the company’s stock.

iShares MSCI Spain ETF Stock Performance

Shares of EWP stock opened at $59.46 on Wednesday. iShares MSCI Spain ETF has a 52 week low of $44.19 and a 52 week high of $60.49. The stock’s fifty day moving average is $58.19 and its 200-day moving average is $56.44. The stock has a market capitalization of $1.98 billion, a PE ratio of 10.89 and a beta of 0.67.

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). 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.