iShares MSCI Canada ETF (NYSEARCA:EWC) Sets New 1-Year High – Should You Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $41.87 and last traded at $41.87, with a volume of 1642653 shares changing hands. The stock had previously closed at $41.48.

iShares MSCI Canada ETF Stock Up 0.4 %

The stock has a fifty day simple moving average of $40.56 and a 200 day simple moving average of $38.70. The firm has a market capitalization of $3.01 billion, a P/E ratio of 14.59 and a beta of 0.90.

Institutional Investors Weigh In On iShares MSCI Canada ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. CWM LLC increased its holdings in shares of iShares MSCI Canada ETF by 51.2% in the first quarter. CWM LLC now owns 1,976 shares of the exchange traded fund’s stock worth $76,000 after purchasing an additional 669 shares during the last quarter. MGO Private Wealth LLC increased its holdings in shares of iShares MSCI Canada ETF by 2.0% in the first quarter. MGO Private Wealth LLC now owns 39,486 shares of the exchange traded fund’s stock worth $1,512,000 after purchasing an additional 768 shares during the last quarter. GenTrust LLC increased its holdings in shares of iShares MSCI Canada ETF by 3.1% in the first quarter. GenTrust LLC now owns 516,901 shares of the exchange traded fund’s stock worth $19,787,000 after purchasing an additional 15,408 shares during the last quarter. Caprock Group LLC increased its holdings in shares of iShares MSCI Canada ETF by 6.5% in the first quarter. Caprock Group LLC now owns 10,484 shares of the exchange traded fund’s stock worth $401,000 after purchasing an additional 637 shares during the last quarter. Finally, DORCHESTER WEALTH MANAGEMENT Co increased its holdings in shares of iShares MSCI Canada ETF by 7.0% in the first quarter. DORCHESTER WEALTH MANAGEMENT Co now owns 12,991 shares of the exchange traded fund’s stock worth $497,000 after purchasing an additional 850 shares during the last quarter.

About iShares MSCI Canada ETF

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).