Fortis Group Advisors LLC Invests $842,000 in iShares MSCI Canada ETF $EWC

Fortis Group Advisors LLC purchased a new position in iShares MSCI Canada ETF (NYSEARCA:EWC) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 15,524 shares of the exchange traded fund’s stock, valued at approximately $842,000.

Several other hedge funds have also recently modified their holdings of EWC. Balyasny Asset Management L.P. purchased a new position in shares of iShares MSCI Canada ETF in the second quarter worth $51,589,000. Banco Bilbao Vizcaya Argentaria S.A. increased its position in iShares MSCI Canada ETF by 871.0% during the third 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 during the last quarter. Bank of America Corp DE increased its position in iShares MSCI Canada ETF by 22.8% during the second 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 during the last quarter. UBS Group AG increased its position in iShares MSCI Canada ETF by 54.7% during the fourth quarter. UBS Group AG now owns 532,095 shares of the exchange traded fund’s stock valued at $28,696,000 after acquiring an additional 188,150 shares during the last quarter. Finally, Thrivent Financial for Lutherans purchased a new stake in iShares MSCI Canada ETF during the fourth quarter valued at $6,010,000.

iShares MSCI Canada ETF Stock Performance

iShares MSCI Canada ETF stock opened at $58.58 on Friday. The stock has a market cap of $5.24 billion, a PE ratio of 19.77 and a beta of 0.86. iShares MSCI Canada ETF has a one year low of $43.79 and a one year high of $58.89. The stock has a fifty day moving average of $56.62 and a 200 day moving average of $55.04.

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.