Brookstone Capital Management Takes Position in iShares MSCI Spain ETF $EWP

Brookstone Capital Management purchased a new stake in iShares MSCI Spain ETF (NYSEARCA:EWP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,232 shares of the exchange traded fund’s stock, valued at approximately $230,000.

Other large investors have also added to or reduced their stakes in the company. Private Trust Co. NA lifted its position in shares of iShares MSCI Spain ETF by 879.8% during the 2nd 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 in the last quarter. Signaturefd LLC purchased a new position in iShares MSCI Spain ETF in the 2nd quarter valued at approximately $173,000. Stephens Inc. AR purchased a new position in iShares MSCI Spain ETF in the 2nd quarter valued at approximately $203,000. Belpointe Asset Management LLC purchased a new position in iShares MSCI Spain ETF in the 2nd quarter valued at approximately $206,000. Finally, Cetera Investment Advisers purchased a new position in iShares MSCI Spain ETF in the 1st quarter valued at approximately $208,000. Institutional investors own 38.17% of the company’s stock.

iShares MSCI Spain ETF Price Performance

EWP opened at $50.60 on Wednesday. The company has a fifty day moving average price of $48.77 and a 200-day moving average price of $45.23. The firm has a market capitalization of $1.46 billion, a P/E ratio of 10.89 and a beta of 0.86. iShares MSCI Spain ETF has a one year low of $30.54 and a one year high of $50.75.

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).