Citigroup Inc. Buys 26,804 Shares of iShares MSCI Canada ETF $EWC

Citigroup Inc. lifted its stake in iShares MSCI Canada ETF (NYSEARCA:EWC) by 46.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,136 shares of the exchange traded fund’s stock after acquiring an additional 26,804 shares during the period. Citigroup Inc. owned 0.13% of iShares MSCI Canada ETF worth $4,304,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in EWC. Community Financial Services Group LLC grew its stake in iShares MSCI Canada ETF by 1.3% in the third quarter. Community Financial Services Group LLC now owns 21,787 shares of the exchange traded fund’s stock valued at $1,101,000 after purchasing an additional 275 shares during the last quarter. Institute for Wealth Management LLC. boosted its holdings in shares of iShares MSCI Canada ETF by 6.0% in the 3rd quarter. Institute for Wealth Management LLC. now owns 4,932 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 278 shares in the last quarter. CWM LLC grew its position in shares of iShares MSCI Canada ETF by 13.5% in the 3rd quarter. CWM LLC now owns 2,441 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 290 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of iShares MSCI Canada ETF by 4.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,918 shares of the exchange traded fund’s stock worth $346,000 after acquiring an additional 290 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its position in iShares MSCI Canada ETF by 6.0% during the third quarter. Wealthfront Advisers LLC now owns 5,288 shares of the exchange traded fund’s stock valued at $267,000 after acquiring an additional 299 shares during the last quarter.

iShares MSCI Canada ETF Trading Up 0.7%

NYSEARCA EWC opened at $57.47 on Thursday. The firm’s fifty day simple moving average is $55.61 and its two-hundred day simple moving average is $52.43. iShares MSCI Canada ETF has a 12-month low of $36.70 and a 12-month high of $58.78. The firm has a market capitalization of $4.25 billion, a P/E ratio of 19.77 and a beta of 0.94.

iShares MSCI Canada ETF 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.