Park Edge Advisors LLC Invests $3.32 Million in iShares MSCI Canada ETF $EWC

Park Edge Advisors LLC purchased a new position in iShares MSCI Canada ETF (NYSEARCA:EWC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 61,634 shares of the exchange traded fund’s stock, valued at approximately $3,324,000. iShares MSCI Canada ETF accounts for about 0.8% of Park Edge Advisors LLC’s investment portfolio, making the stock its 24th biggest position.

Several other institutional investors have also bought and sold shares of EWC. Asset Management One Co. Ltd. grew its holdings in iShares MSCI Canada ETF by 0.4% during the third quarter. Asset Management One Co. Ltd. now owns 1,922,798 shares of the exchange traded fund’s stock valued at $97,197,000 after purchasing an additional 8,117 shares during the period. Bank of America Corp DE raised its stake in shares of iShares MSCI Canada ETF by 22.8% in the second quarter. Bank of America Corp DE now owns 1,769,516 shares of the exchange traded fund’s stock valued at $81,752,000 after buying an additional 328,742 shares during the period. Assetmark Inc. lifted its position in shares of iShares MSCI Canada ETF by 1.9% during the 3rd quarter. Assetmark Inc. now owns 1,662,312 shares of the exchange traded fund’s stock valued at $84,030,000 after buying an additional 31,104 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of iShares MSCI Canada ETF by 1.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,534,679 shares of the exchange traded fund’s stock valued at $62,538,000 after buying an additional 21,113 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in shares of iShares MSCI Canada ETF during the 2nd quarter worth $51,589,000.

iShares MSCI Canada ETF Stock Performance

EWC stock opened at $55.32 on Friday. The stock has a fifty day moving average of $55.78 and a 200-day moving average of $53.37. iShares MSCI Canada ETF has a fifty-two week low of $36.70 and a fifty-two week high of $58.78. The company has a market capitalization of $4.09 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94.

About iShares MSCI Canada ETF

iShares MSCI Canada ETF (the Fund), formerly iShares MSCI Canada Index Fund, is an exchange-traded fund (ETF). 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 Canadian market, as measured by the MSCI Canada Index (the Index). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.