The Spanish economy expanded 0.3% in the fourth quarter. The government estimates that the economy will grow at least 0.7% this year.
The iShares Spain ETF has a heavy allocation toward the financial sector at 46.2%, followed by 13.2% in industrials and 12.0% in telecom services. The top two holdings, Banco Santander and Banco Bilboa Vizcaya Argenta, make up 31.6% over the overall portfolio.
iShares MSCI Spain ETF
For more information on Spain, visit our Spain category.