Park Edge Advisors LLC Makes New $3.32 Million Investment in iShares MSCI Canada ETF $EWC

Park Edge Advisors LLC acquired a new position in iShares MSCI Canada ETF (NYSEARCA:EWC) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 61,634 shares of the exchange traded fund’s stock, valued at approximately $3,324,000. iShares MSCI Canada ETF comprises 0.8% of Park Edge Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Park Edge Advisors LLC owned 0.09% of iShares MSCI Canada ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Balyasny Asset Management L.P. purchased a new position in shares of iShares MSCI Canada ETF during the second quarter valued at approximately $51,589,000. Bank of Nova Scotia purchased a new stake in iShares MSCI Canada ETF in the 2nd quarter valued at $40,619,000. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in iShares MSCI Canada ETF by 871.0% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 663,041 shares of the exchange traded fund’s stock valued at $33,482,000 after acquiring an additional 594,755 shares in the last quarter. Bank of America Corp DE lifted its stake in iShares MSCI Canada ETF by 22.8% during the 2nd 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 acquiring an additional 328,742 shares in the last quarter. Finally, Cadinha & Co. LLC purchased a new position in iShares MSCI Canada ETF during the 3rd quarter worth $14,272,000.

iShares MSCI Canada ETF Price Performance

NYSEARCA EWC opened at $55.32 on Friday. The company has a fifty day moving average price of $55.78 and a 200-day moving average price of $53.37. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94. iShares MSCI Canada ETF has a 1 year low of $36.70 and a 1 year high of $58.78.

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.