Allspring Global Investments Holdings LLC reduced its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC – Free Report) by 25.4% in the 1st quarter, HoldingsChannel reports. The firm owned 318,413 shares of the exchange traded fund’s stock after selling 108,542 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Canada ETF were worth $12,975,000 at the end of the most recent reporting period.
Other institutional investors have also recently modified their holdings of the company. Bernard Wealth Management Corp. purchased a new stake in iShares MSCI Canada ETF in the 4th quarter valued at about $26,000. HM Payson & Co. grew its stake in shares of iShares MSCI Canada ETF by 100.0% during the 4th quarter. HM Payson & Co. now owns 740 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 370 shares during the period. Alpine Bank Wealth Management purchased a new stake in shares of iShares MSCI Canada ETF during the 1st quarter valued at $37,000. Bessemer Group Inc. grew its stake in shares of iShares MSCI Canada ETF by 65.0% during the 4th quarter. Bessemer Group Inc. now owns 2,640 shares of the exchange traded fund’s stock valued at $106,000 after buying an additional 1,040 shares during the period. Finally, Kaizen Financial Strategies purchased a new stake in shares of iShares MSCI Canada ETF during the 1st quarter valued at $204,000.
iShares MSCI Canada ETF Stock Up 0.7%
Shares of NYSEARCA EWC opened at $46.67 on Friday. iShares MSCI Canada ETF has a 52-week low of $35.74 and a 52-week high of $46.69. The firm has a fifty day moving average of $44.51 and a 200-day moving average of $42.03. The stock has a market capitalization of $2.94 billion, a PE ratio of 19.77 and a beta of 0.95.
About iShares MSCI Canada ETF
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).
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