42,122 Shares in iShares MSCI Canada ETF $EWC Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC bought a new position in iShares MSCI Canada ETF (NYSEARCA:EWC) in the third quarter, HoldingsChannel reports. The fund bought 42,122 shares of the exchange traded fund’s stock, valued at approximately $2,459,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWC. The Manufacturers Life Insurance Company boosted its stake in shares of iShares MSCI Canada ETF by 52.4% during the 1st quarter. The Manufacturers Life Insurance Company now owns 4,841,833 shares of the exchange traded fund’s stock valued at $265,284,000 after buying an additional 1,663,788 shares during the period. Stairway Partners LLC acquired a new position in shares of iShares MSCI Canada ETF in the third quarter worth $47,867,000. Absolute Gestao de Investimentos Ltda. acquired a new position in shares of iShares MSCI Canada ETF in the first quarter worth $30,134,000. Summit Rock Advisors LP purchased a new stake in shares of iShares MSCI Canada ETF during the third quarter worth $26,882,000. Finally, Polianta Ltd purchased a new stake in shares of iShares MSCI Canada ETF during the second quarter worth $17,096,000.

iShares MSCI Canada ETF Trading Down 1.5%

Shares of NYSEARCA:EWC opened at $60.62 on Friday. The firm has a market cap of $7.54 billion, a price-to-earnings ratio of 19.77 and a beta of 0.87. iShares MSCI Canada ETF has a 1 year low of $49.31 and a 1 year high of $62.71. The business has a fifty day simple moving average of $60.43 and a 200 day simple moving average of $58.28.

iShares MSCI Canada ETF Company Profile

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.