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Spain ETF: Risks Abound as Catalonia Pushes for Independence

The iShares MSCI Spain Capped ETF (NYSEArca: EWP) slumped nearly 2% last Friday as Catalonia’s parliament moved to declare its independence from Spain while Spain itself moved to take over Catalonia. EWP tracks the MSCI Spain 25/50 and holds 26 stocks. Like many single-country ETFs, EWP is...
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