iShares MSCI Canada ETF (NYSEARCA:EWC) Sees Strong Trading Volume – What’s Next?

iShares MSCI Canada ETF (NYSEARCA:EWC) saw an uptick in trading volume on Thursday . 2,220,196 shares were traded during mid-day trading, a decline of 3% from the previous session’s volume of 2,279,443 shares.The stock last traded at $38.65 and had previously closed at $39.54.

iShares MSCI Canada ETF Trading Up 2.9 %

The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 18.11 and a beta of 0.95. The firm has a 50 day moving average price of $40.72 and a 200-day moving average price of $41.20.

Institutional Trading of iShares MSCI Canada ETF

Hedge funds have recently bought and sold shares of the company. Stifel Financial Corp increased its stake in shares of iShares MSCI Canada ETF by 49.8% in the third quarter. Stifel Financial Corp now owns 52,151 shares of the exchange traded fund’s stock valued at $2,165,000 after purchasing an additional 17,337 shares during the period. Steward Partners Investment Advisory LLC raised its stake in iShares MSCI Canada ETF by 636.5% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 8,293 shares of the exchange traded fund’s stock valued at $334,000 after acquiring an additional 7,167 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in iShares MSCI Canada ETF by 1.2% during the 4th quarter. PNC Financial Services Group Inc. now owns 88,961 shares of the exchange traded fund’s stock worth $3,585,000 after acquiring an additional 1,039 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in shares of iShares MSCI Canada ETF by 9.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 23,370 shares of the exchange traded fund’s stock valued at $942,000 after purchasing an additional 1,995 shares during the period. Finally, Jones Financial Companies Lllp raised its stake in shares of iShares MSCI Canada ETF by 2,355.5% during the fourth quarter. Jones Financial Companies Lllp now owns 5,181 shares of the exchange traded fund’s stock valued at $209,000 after purchasing an additional 4,970 shares in the last quarter.

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).