iShares MSCI Canada ETF (NYSEARCA:EWC) Sets New 12-Month High – What’s Next?

iShares MSCI Canada ETF (NYSEARCA:EWC) hit a new 52-week high during trading on Thursday . The company traded as high as $42.45 and last traded at $42.24, with a volume of 104914 shares trading hands. The stock had previously closed at $42.14.

iShares MSCI Canada ETF Trading Up 0.1 %

The stock has a market cap of $3.02 billion, a P/E ratio of 14.59 and a beta of 0.90. The company’s fifty day simple moving average is $41.23 and its 200-day simple moving average is $39.20.

Hedge Funds Weigh In On iShares MSCI Canada ETF

A number of hedge funds have recently modified their holdings of EWC. FMR LLC lifted its holdings in iShares MSCI Canada ETF by 47.7% during the 3rd quarter. FMR LLC now owns 119,557 shares of the exchange traded fund’s stock valued at $4,964,000 after purchasing an additional 38,596 shares during the last quarter. Bank of Montreal Can raised its stake in shares of iShares MSCI Canada ETF by 4.4% in the third quarter. Bank of Montreal Can now owns 1,214,454 shares of the exchange traded fund’s stock valued at $50,339,000 after acquiring an additional 51,131 shares during the last quarter. Brown Brothers Harriman & Co. boosted its holdings in shares of iShares MSCI Canada ETF by 411.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 5,716 shares of the exchange traded fund’s stock worth $237,000 after acquiring an additional 4,598 shares in the last quarter. Navellier & Associates Inc. bought a new stake in iShares MSCI Canada ETF during the 3rd quarter worth approximately $885,000. Finally, Creekside Partners increased its holdings in iShares MSCI Canada ETF by 21.5% during the 3rd quarter. Creekside Partners now owns 6,641 shares of the exchange traded fund’s stock valued at $276,000 after purchasing an additional 1,177 shares in the last quarter.

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).