EWP Stock Summary and Trading Ideas (iShares MSCI Spain ETF | ARCA:EWP)

The iShares MSCI Spain ETF 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 25/50 Index.

iShares MSCI Spain ETF trades on the ARCA stock market under the symbol EWP.

As of January 7, 2025, EWP stock price climbed to $31.73 with 242,855 million shares trading.

EWP has a beta of 0.50, meaning it tends to be less sensitive to market movements. EWP has a correlation of 0.14 to the broad based SPY ETF.

EWP has a market cap of $832.91 million. This is considered a Small Cap stock.

In the last 3 years, EWP traded as high as $35.77 and as low as $19.27.

EWP has underperformed the market in the last year with a return of +8.2%, while the SPY ETF gained +27.9%. In the last 3 month period, EWP fell short of the market, returning -5.2%, while SPY returned +3.5%. However, in the most recent 2 weeks EWP has outperformed the stock market by returning +2.9%, while SPY returned -0.6%.

EWP support price is $31.40 and resistance is $31.97 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that EWP shares will trade within this expected range on the day.