Korea Investment CORP Grows Stake in iShares MSCI Canada ETF $EWC

Korea Investment CORP lifted its position in iShares MSCI Canada ETF (NYSEARCA:EWC) by 5.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,757,957 shares of the exchange traded fund’s stock after purchasing an additional 94,857 shares during the period. Korea Investment CORP’s holdings in iShares MSCI Canada ETF were worth $94,807,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lunt Capital Management Inc. lifted its position in iShares MSCI Canada ETF by 4.3% during the fourth quarter. Lunt Capital Management Inc. now owns 4,700 shares of the exchange traded fund’s stock valued at $253,000 after purchasing an additional 195 shares in the last quarter. Dearborn Partners LLC lifted its position in iShares MSCI Canada ETF by 2.4% during the fourth quarter. Dearborn Partners LLC now owns 8,700 shares of the exchange traded fund’s stock valued at $469,000 after purchasing an additional 200 shares in the last quarter. CIBC Private Wealth Group LLC lifted its position in iShares MSCI Canada ETF by 10.1% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,201 shares of the exchange traded fund’s stock valued at $119,000 after purchasing an additional 202 shares in the last quarter. Creative Planning lifted its position in iShares MSCI Canada ETF by 1.9% during the third quarter. Creative Planning now owns 12,888 shares of the exchange traded fund’s stock valued at $652,000 after purchasing an additional 245 shares in the last quarter. Finally, Dakota Wealth Management lifted its position in iShares MSCI Canada ETF by 3.0% during the fourth quarter. Dakota Wealth Management now owns 9,680 shares of the exchange traded fund’s stock valued at $522,000 after purchasing an additional 280 shares in the last quarter.

iShares MSCI Canada ETF Stock Up 0.5%

NYSEARCA:EWC opened at $58.76 on Friday. The business’s 50-day simple moving average is $57.86 and its two-hundred day simple moving average is $55.91. The stock has a market cap of $5.25 billion, a PE ratio of 19.77 and a beta of 0.85. 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.