Financial & Tax Architects LLC Invests $759,000 in iShares MSCI Spain ETF $EWP

Financial & Tax Architects LLC acquired a new position in iShares MSCI Spain ETF (NYSEARCA:EWP) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,336 shares of the exchange traded fund’s stock, valued at approximately $759,000. Financial & Tax Architects LLC owned approximately 0.05% of iShares MSCI Spain ETF as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EWP. Nisa Investment Advisors LLC raised its holdings in shares of iShares MSCI Spain ETF by 39.2% during the second quarter. Nisa Investment Advisors LLC now owns 1,100 shares of the exchange traded fund’s stock worth $48,000 after purchasing an additional 310 shares during the last quarter. Private Trust Co. NA boosted its position in shares of iShares MSCI Spain ETF by 879.8% during the second quarter. Private Trust Co. NA now owns 1,117 shares of the exchange traded fund’s stock worth $49,000 after buying an additional 1,003 shares during the period. Riggs Asset Managment Co. Inc. purchased a new stake in shares of iShares MSCI Spain ETF in the 2nd quarter valued at $63,000. Marvin & Palmer Associates Inc. acquired a new position in iShares MSCI Spain ETF during the 2nd quarter worth about $112,000. Finally, Stephens Inc. AR acquired a new position in iShares MSCI Spain ETF in the 2nd quarter valued at about $203,000. 38.17% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Spain ETF Trading Down 2.6%

iShares MSCI Spain ETF stock opened at $55.21 on Friday. iShares MSCI Spain ETF has a twelve month low of $33.72 and a twelve month high of $57.26. The stock’s fifty day simple moving average is $54.19 and its 200-day simple moving average is $50.56. The firm has a market capitalization of $1.84 billion, a P/E ratio of 10.89 and a beta of 0.86.

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.