HighTower Advisors LLC Increases Stock Position in iShares MSCI Canada ETF $EWC

HighTower Advisors LLC lifted its holdings in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 3.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 407,142 shares of the exchange traded fund’s stock after buying an additional 14,482 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Canada ETF were worth $20,581,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. American National Bank & Trust acquired a new position in iShares MSCI Canada ETF during the third quarter worth $25,000. CWM LLC boosted its position in shares of iShares MSCI Canada ETF by 27.1% during the 2nd quarter. CWM LLC now owns 2,151 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 459 shares in the last quarter. IAM Advisory LLC acquired a new position in shares of iShares MSCI Canada ETF during the 3rd quarter worth $202,000. Perigon Wealth Management LLC purchased a new position in shares of iShares MSCI Canada ETF in the 3rd quarter valued at about $202,000. Finally, J.W. Cole Advisors Inc. acquired a new stake in shares of iShares MSCI Canada ETF in the second quarter valued at about $207,000.

iShares MSCI Canada ETF Trading Up 0.5%

EWC stock opened at $56.75 on Friday. The company’s 50-day moving average price is $54.93 and its 200 day moving average price is $51.76. iShares MSCI Canada ETF has a 52 week low of $36.70 and a 52 week high of $57.40. The company has a market cap of $4.20 billion, a P/E ratio of 19.77 and a beta of 0.94.

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). 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.