Vertex Investment Solutions Co. Ltd. Reduces Stock Position in iShares MSCI Spain ETF $EWP

Vertex Investment Solutions Co. Ltd. cut its holdings in iShares MSCI Spain ETF (NYSEARCA:EWP) by 61.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,000 shares of the exchange traded fund’s stock after selling 12,800 shares during the period. iShares MSCI Spain ETF comprises 0.5% of Vertex Investment Solutions Co. Ltd.’s holdings, making the stock its 21st largest holding. Vertex Investment Solutions Co. Ltd.’s holdings in iShares MSCI Spain ETF were worth $418,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in EWP. BOKF NA purchased a new position in iShares MSCI Spain ETF in the third quarter worth about $25,000. Comerica Bank increased its stake in iShares MSCI Spain ETF by 303.9% during the fourth quarter. Comerica Bank now owns 521 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 392 shares during the last quarter. Wolff Wiese Magana LLC purchased a new stake in iShares MSCI Spain ETF during the fourth quarter valued at approximately $44,000. Riggs Asset Managment Co. Inc. purchased a new stake in iShares MSCI Spain ETF during the second quarter valued at approximately $63,000. Finally, Private Trust Co. NA lifted its stake 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 valued at $65,000 after purchasing an additional 1,175 shares during the last quarter. 38.17% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Price Performance

NYSEARCA:EWP opened at $58.80 on Thursday. The firm has a market capitalization of $1.87 billion, a price-to-earnings ratio of 10.89 and a beta of 0.67. The business has a 50 day simple moving average of $57.72 and a 200-day simple moving average of $56.09. iShares MSCI Spain ETF has a 1 year low of $43.45 and a 1 year high of $60.49.

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.