iShares MSCI Canada ETF (NYSEARCA:EWC) Sets New 52-Week High – Time to Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $42.25 and last traded at $42.19, with a volume of 2106979 shares trading hands. The stock had previously closed at $41.58.

iShares MSCI Canada ETF Price Performance

The company has a 50 day moving average price of $41.11 and a two-hundred day moving average price of $39.09. The stock has a market cap of $2.98 billion, a PE ratio of 14.59 and a beta of 0.90.

Institutional Trading of iShares MSCI Canada ETF

Several large investors have recently modified their holdings of the company. Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI Canada ETF during the second quarter valued at about $45,000. Syntrinsic LLC grew its holdings in iShares MSCI Canada ETF by 26.0% during the second quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 308 shares during the period. International Assets Investment Management LLC bought a new position in shares of iShares MSCI Canada ETF in the second quarter worth about $69,000. Whittier Trust Co. boosted its stake in shares of iShares MSCI Canada ETF by 38.7% in the third quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 469 shares during the period. Finally, CWM LLC boosted its stake in shares of iShares MSCI Canada ETF by 18.7% in the second quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock worth $87,000 after acquiring an additional 370 shares during the period.

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).