iShares MSCI Canada ETF (NYSEARCA:EWC) Reaches New 12-Month High – Time to Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC) shares hit a new 52-week high during trading on Friday . The company traded as high as $43.16 and last traded at $43.14, with a volume of 159112 shares changing hands. The stock had previously closed at $42.83.

iShares MSCI Canada ETF Price Performance

The stock has a fifty day moving average of $41.73 and a 200 day moving average of $39.55. The firm has a market capitalization of $3.09 billion, a P/E ratio of 14.59 and a beta of 0.90.

Institutional Trading of iShares MSCI Canada ETF

A number of large investors have recently added to or reduced their stakes in EWC. Family Firm Inc. raised its stake in shares of iShares MSCI Canada ETF by 1.0% in the second quarter. Family Firm Inc. now owns 28,791 shares of the exchange traded fund’s stock valued at $1,068,000 after buying an additional 275 shares during the period. Caprock Group LLC raised its stake in iShares MSCI Canada ETF by 2.8% in the 2nd quarter. Caprock Group LLC now owns 10,774 shares of the exchange traded fund’s stock valued at $400,000 after acquiring an additional 290 shares during the period. Syntrinsic LLC lifted 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 last quarter. Voya Financial Advisors Inc. lifted its holdings in iShares MSCI Canada ETF by 4.5% during the third quarter. Voya Financial Advisors Inc. now owns 7,903 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 342 shares during the last quarter. Finally, CWM LLC boosted its position in iShares MSCI Canada ETF by 18.7% during the second quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock worth $87,000 after purchasing 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).