Institute for Wealth Management LLC. Invests $215,000 in iShares MSCI Canada ETF $EWC

Institute for Wealth Management LLC. purchased a new position in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 4,654 shares of the exchange traded fund’s stock, valued at approximately $215,000.

Other hedge funds have also modified their holdings of the company. Colton Groome Financial Advisors LLC purchased a new position in shares of iShares MSCI Canada ETF during the 2nd quarter worth $2,457,000. Alpine Bank Wealth Management acquired a new position in iShares MSCI Canada ETF during the 1st quarter worth about $37,000. Strategic Investment Advisors MI lifted its stake in iShares MSCI Canada ETF by 8.0% during the 1st quarter. Strategic Investment Advisors MI now owns 105,281 shares of the exchange traded fund’s stock worth $4,290,000 after acquiring an additional 7,795 shares in the last quarter. Community Financial Services Group LLC lifted its stake in iShares MSCI Canada ETF by 5.5% during the 1st quarter. Community Financial Services Group LLC now owns 21,431 shares of the exchange traded fund’s stock worth $873,000 after acquiring an additional 1,120 shares in the last quarter. Finally, Asset Management One Co. Ltd. lifted its stake in iShares MSCI Canada ETF by 0.3% during the 1st quarter. Asset Management One Co. Ltd. now owns 1,894,547 shares of the exchange traded fund’s stock worth $77,203,000 after acquiring an additional 5,544 shares in the last quarter.

iShares MSCI Canada ETF Trading Up 0.0%

EWC opened at $50.59 on Friday. The stock’s 50-day moving average price is $48.54 and its 200 day moving average price is $45.25. iShares MSCI Canada ETF has a 12-month low of $36.70 and a 12-month high of $51.10. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 19.77 and a beta of 1.02.

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).