Hsbc Holdings PLC Raises Stock Position in iShares MSCI Spain ETF $EWP

Hsbc Holdings PLC boosted its holdings in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 1.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,837,546 shares of the exchange traded fund’s stock after purchasing an additional 82,833 shares during the period. Hsbc Holdings PLC owned about 0.14% of iShares MSCI Spain ETF worth $260,792,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management grew its position in iShares MSCI Spain ETF by 3.8% during the 4th quarter. Brookstone Capital Management now owns 6,783 shares of the exchange traded fund’s stock worth $366,000 after purchasing an additional 250 shares during the period. Zacks Investment Management raised its stake in shares of iShares MSCI Spain ETF by 0.5% during the 3rd quarter. Zacks Investment Management now owns 54,858 shares of the exchange traded fund’s stock valued at $2,716,000 after buying an additional 272 shares during the last quarter. 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 valued at $28,000 after buying an additional 392 shares during the period. BOKF NA acquired a new position in shares of iShares MSCI Spain ETF in the 3rd quarter valued at about $25,000. Finally, Global Assets Advisory LLC lifted its holdings in shares of iShares MSCI Spain ETF by 6.6% in the 4th quarter. Global Assets Advisory LLC now owns 8,526 shares of the exchange traded fund’s stock valued at $460,000 after buying an additional 530 shares during the period. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Price Performance

Shares of EWP opened at $59.01 on Friday. The company has a market capitalization of $1.96 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 52 week low of $42.36 and a 52 week high of $59.88. The stock’s 50-day moving average price is $57.19 and its 200-day moving average price is $55.48.

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.