JPMorgan Chase & Co. Sells 319,355 Shares of iShares MSCI Canada ETF $EWC

JPMorgan Chase & Co. decreased its position in iShares MSCI Canada ETF (NYSEARCA:EWC) by 2.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 12,888,409 shares of the exchange traded fund’s stock after selling 319,355 shares during the quarter. JPMorgan Chase & Co. owned about 0.17% of iShares MSCI Canada ETF worth $695,072,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Dearborn Partners LLC boosted its holdings in iShares MSCI Canada ETF by 2.4% in the fourth quarter. Dearborn Partners LLC now owns 8,700 shares of the exchange traded fund’s stock valued at $469,000 after acquiring an additional 200 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in iShares MSCI Canada ETF by 8.2% in the fourth quarter. J.W. Cole Advisors Inc. now owns 4,626 shares of the exchange traded fund’s stock valued at $249,000 after acquiring an additional 351 shares during the last quarter. Prudential PLC bought a new position in iShares MSCI Canada ETF in the fourth quarter valued at about $16,335,000. Greenspring Advisors LLC bought a new position in iShares MSCI Canada ETF in the fourth quarter valued at about $1,067,000. Finally, Lido Advisors LLC boosted its holdings in iShares MSCI Canada ETF by 2.1% in the fourth quarter. Lido Advisors LLC now owns 148,461 shares of the exchange traded fund’s stock valued at $7,540,000 after acquiring an additional 3,079 shares during the last quarter.

iShares MSCI Canada ETF Trading Down 0.1%

NYSEARCA:EWC opened at $58.03 on Wednesday. iShares MSCI Canada ETF has a 1-year low of $44.95 and a 1-year high of $59.52. The business’s 50-day moving average price is $57.62 and its two-hundred day moving average price is $55.78. The firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 19.77 and a beta of 0.85.

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.