Kovitz Investment Group Partners LLC Sells 134,039 Shares of iShares MSCI Canada ETF $EWC

Kovitz Investment Group Partners LLC decreased its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 37.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 222,072 shares of the exchange traded fund’s stock after selling 134,039 shares during the period. Kovitz Investment Group Partners LLC owned 0.30% of iShares MSCI Canada ETF worth $11,976,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in EWC. Kohmann Bosshard Financial Services LLC acquired a new position in shares of iShares MSCI Canada ETF during the fourth quarter worth approximately $34,000. Financial Life Planners acquired a new stake in shares of iShares MSCI Canada ETF in the third quarter valued at approximately $35,000. Tucker Asset Management LLC acquired a new stake in shares of iShares MSCI Canada ETF in the fourth quarter valued at approximately $46,000. Optima Capital LLC bought a new position in iShares MSCI Canada ETF in the 4th quarter worth approximately $52,000. Finally, Abound Financial LLC bought a new position in iShares MSCI Canada ETF in the 4th quarter worth approximately $66,000.

iShares MSCI Canada ETF Stock Performance

NYSEARCA:EWC opened at $57.87 on Friday. The company has a market cap of $5.17 billion, a price-to-earnings ratio of 19.77 and a beta of 0.85. The stock’s fifty day moving average price is $58.10 and its two-hundred day moving average price is $56.12. iShares MSCI Canada ETF has a 52-week low of $44.95 and a 52-week high of $59.52.

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). 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.