GAMMA Investing LLC lifted its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC – Free Report) by 26.8% during the second quarter, Holdings Channel.com reports. The fund owned 153,123 shares of the exchange traded fund’s stock after purchasing an additional 32,344 shares during the period. GAMMA Investing LLC’s holdings in iShares MSCI Canada ETF were worth $8,826,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company lifted its position in iShares MSCI Canada ETF by 52.4% in the first quarter. The Manufacturers Life Insurance Company now owns 4,841,833 shares of the exchange traded fund’s stock worth $265,284,000 after purchasing an additional 1,663,788 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of iShares MSCI Canada ETF by 1,675.5% during the 4th quarter. The Manufacturers Life Insurance Company now owns 3,178,045 shares of the exchange traded fund’s stock valued at $171,392,000 after purchasing an additional 2,999,053 shares during the period. Bank of America Corp DE raised its stake in shares of iShares MSCI Canada ETF by 8.1% in the 1st quarter. Bank of America Corp DE now owns 2,081,714 shares of the exchange traded fund’s stock worth $114,057,000 after buying an additional 156,792 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares MSCI Canada ETF by 5.4% in the 1st quarter. Assetmark Inc. now owns 1,800,052 shares of the exchange traded fund’s stock worth $98,625,000 after buying an additional 91,652 shares in the last quarter. Finally, Korea Investment CORP lifted its holdings in shares of iShares MSCI Canada ETF by 5.7% in the fourth quarter. Korea Investment CORP now owns 1,757,957 shares of the exchange traded fund’s stock valued at $94,807,000 after buying an additional 94,857 shares during the period.
iShares MSCI Canada ETF Stock Up 0.6%
Shares of EWC stock opened at $60.00 on Wednesday. The stock has a 50-day simple moving average of $58.59 and a 200 day simple moving average of $57.22. iShares MSCI Canada ETF has a fifty-two week low of $46.60 and a fifty-two week high of $60.07. The stock has a market capitalization of $6.19 billion, a P/E ratio of 19.77 and a beta of 0.85.
iShares MSCI Canada ETF 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.
See Also
- Five stocks we like better than iShares MSCI Canada ETF
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Want to see what other hedge funds are holding EWC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Canada ETF (NYSEARCA:EWC – Free Report).
Receive News & Ratings for iShares MSCI Canada ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Canada ETF and related companies with MarketBeat.com's FREE daily email newsletter.
