Fifth Third Bancorp Invests $497,000 in iShares MSCI Canada ETF $EWC

Fifth Third Bancorp bought a new stake in iShares MSCI Canada ETF (NYSEARCA:EWC) in the first quarter, HoldingsChannel reports. The fund bought 9,064 shares of the exchange traded fund’s stock, valued at approximately $497,000.

Other hedge funds have also modified their holdings of the company. Ascent Group LLC grew its position in iShares MSCI Canada ETF by 411.5% in the fourth quarter. Ascent Group LLC now owns 32,205 shares of the exchange traded fund’s stock valued at $1,737,000 after acquiring an additional 25,909 shares in the last quarter. Providence First Trust Co acquired a new position in shares of iShares MSCI Canada ETF during the fourth quarter worth $1,249,000. Mutual Advisors LLC acquired a new position in shares of iShares MSCI Canada ETF during the fourth quarter worth $611,000. Millburn Ridgefield LLC DE boosted its stake in shares of iShares MSCI Canada ETF by 4.2% in the first quarter. Millburn Ridgefield LLC DE now owns 410,926 shares of the exchange traded fund’s stock valued at $22,515,000 after purchasing an additional 16,721 shares during the period. Finally, UBS Group AG boosted its stake in shares of iShares MSCI Canada ETF by 54.7% in the fourth quarter. UBS Group AG now owns 532,095 shares of the exchange traded fund’s stock valued at $28,696,000 after purchasing an additional 188,150 shares during the period.

iShares MSCI Canada ETF Trading Down 0.9%

EWC opened at $59.29 on Thursday. iShares MSCI Canada ETF has a twelve month low of $45.66 and a twelve month high of $60.07. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 19.77 and a beta of 0.86. The company has a fifty day simple moving average of $58.50 and a 200 day simple moving average of $57.09.

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.