Y Intercept Hong Kong Ltd Invests $511,000 in iShares MSCI Spain ETF $EWP

Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI Spain ETF (NYSEARCA:EWP) in the first quarter, HoldingsChannel.com reports. The institutional investor acquired 9,405 shares of the exchange traded fund’s stock, valued at approximately $511,000.

Several other institutional investors have also recently made changes to their positions in the business. Hsbc Holdings PLC raised its stake in iShares MSCI Spain ETF by 1.7% during the 4th quarter. Hsbc Holdings PLC now owns 4,837,546 shares of the exchange traded fund’s stock valued at $260,792,000 after purchasing an additional 82,833 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in iShares MSCI Spain ETF in the 4th quarter worth approximately $101,057,000. Bank of Montreal Can bought a new position in iShares MSCI Spain ETF in the 4th quarter worth approximately $43,669,000. Schroder Investment Management Group grew its holdings in iShares MSCI Spain ETF by 3,000.0% during the 4th quarter. Schroder Investment Management Group now owns 527,000 shares of the exchange traded fund’s stock valued at $28,516,000 after buying an additional 510,000 shares in the last quarter. Finally, Bank of Nova Scotia purchased a new stake in iShares MSCI Spain ETF during the 4th quarter valued at approximately $25,370,000. Hedge funds and other institutional investors own 38.17% of the company’s stock.

iShares MSCI Spain ETF Price Performance

iShares MSCI Spain ETF stock opened at $59.25 on Wednesday. The stock has a market cap of $1.97 billion, a P/E ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a 1 year low of $43.45 and a 1 year high of $60.49. The firm’s 50 day moving average price is $57.97 and its 200-day moving average price is $56.25.

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.