UBS Group AG Reduces Holdings in iShares MSCI Spain ETF $EWP

UBS Group AG trimmed its holdings in shares of iShares MSCI Spain ETF (NYSEARCA:EWP) by 17.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,111 shares of the exchange traded fund’s stock after selling 33,601 shares during the period. UBS Group AG owned about 0.49% of iShares MSCI Spain ETF worth $8,847,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of EWP. BOKF NA purchased a new position in shares of iShares MSCI Spain ETF during the 3rd quarter worth approximately $25,000. Wolff Wiese Magana LLC purchased a new position in shares of iShares MSCI Spain ETF during the 4th quarter worth approximately $44,000. Riggs Asset Managment Co. Inc. purchased a new position in shares of iShares MSCI Spain ETF during the 2nd quarter worth approximately $63,000. Private Trust Co. NA increased its stake in shares of iShares MSCI Spain ETF by 4,519.2% during the 4th quarter. Private Trust Co. NA now owns 1,201 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 1,175 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV increased its stake in shares of iShares MSCI Spain ETF by 33.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,183 shares of the exchange traded fund’s stock worth $108,000 after purchasing an additional 545 shares in the last quarter. 38.17% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Spain ETF Stock Performance

EWP stock opened at $55.63 on Monday. The stock has a market capitalization of $1.84 billion, a P/E ratio of 10.89 and a beta of 0.67. iShares MSCI Spain ETF has a one year low of $41.85 and a one year high of $58.99. The company has a 50 day moving average price of $55.28 and a two-hundred day moving average price of $54.32.

iShares MSCI Spain ETF 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.