iShares MSCI Spain ETF (NYSEARCA:EWP) Stock Pass Below Two Hundred Day Moving Average – Time to Sell?

iShares MSCI Spain ETF (NYSEARCA:EWP) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $32.95 and traded as low as $30.95. iShares MSCI Spain ETF shares last traded at $31.05, with a volume of 123,638 shares changing hands.

iShares MSCI Spain ETF Trading Up 0.8 %

The stock’s 50-day simple moving average is $32.60 and its 200-day simple moving average is $32.93. The stock has a market cap of $974.06 million, a price-to-earnings ratio of 12.75 and a beta of 0.76.

Hedge Funds Weigh In On iShares MSCI Spain ETF

Several hedge funds and other institutional investors have recently made changes to their positions in EWP. Strategic Financial Concepts LLC grew its stake in shares of iShares MSCI Spain ETF by 3,175.5% during the second quarter. Strategic Financial Concepts LLC now owns 1,027,298 shares of the exchange traded fund’s stock worth $31,000 after buying an additional 995,935 shares during the last quarter. FMR LLC increased its holdings in iShares MSCI Spain ETF by 1,603.8% in the 3rd quarter. FMR LLC now owns 1,806 shares of the exchange traded fund’s stock worth $64,000 after purchasing an additional 1,700 shares in the last quarter. Sunbelt Securities Inc. bought a new position in iShares MSCI Spain ETF in the second quarter valued at about $75,000. Creative Financial Designs Inc. ADV acquired a new stake in shares of iShares MSCI Spain ETF during the third quarter valued at about $81,000. Finally, Sanctuary Advisors LLC bought a new stake in shares of iShares MSCI Spain ETF during the second quarter worth about $238,000.

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).