Bessemer Group Inc. Cuts Stock Holdings in iShares MSCI Canada ETF (NYSEARCA:EWC)

Bessemer Group Inc. trimmed its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 35.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,695 shares of the exchange traded fund’s stock after selling 945 shares during the period. Bessemer Group Inc.’s holdings in iShares MSCI Canada ETF were worth $69,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of EWC. Bank of Montreal Can grew its stake in iShares MSCI Canada ETF by 87.3% during the fourth quarter. Bank of Montreal Can now owns 2,275,158 shares of the exchange traded fund’s stock valued at $91,689,000 after acquiring an additional 1,060,704 shares in the last quarter. BNP Paribas Financial Markets grew its stake in iShares MSCI Canada ETF by 9,838.0% during the fourth quarter. BNP Paribas Financial Markets now owns 351,804 shares of the exchange traded fund’s stock valued at $14,178,000 after acquiring an additional 348,264 shares in the last quarter. Ameriprise Financial Inc. grew its stake in iShares MSCI Canada ETF by 57.6% during the fourth quarter. Ameriprise Financial Inc. now owns 858,200 shares of the exchange traded fund’s stock valued at $34,583,000 after acquiring an additional 313,651 shares in the last quarter. Royal Bank of Canada grew its stake in iShares MSCI Canada ETF by 11.5% during the fourth quarter. Royal Bank of Canada now owns 1,873,190 shares of the exchange traded fund’s stock valued at $75,489,000 after acquiring an additional 193,743 shares in the last quarter. Finally, TIAA Trust National Association purchased a new position in iShares MSCI Canada ETF during the fourth quarter valued at $5,763,000.

iShares MSCI Canada ETF Stock Performance

EWC opened at $46.67 on Friday. The stock has a market capitalization of $2.94 billion, a price-to-earnings ratio of 19.77 and a beta of 0.95. The company has a fifty day moving average of $44.51 and a 200 day moving average of $42.03. iShares MSCI Canada ETF has a fifty-two week low of $35.74 and a fifty-two week high of $46.69.

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).