CSM Advisors LLC Invests $2.16 Million in iShares MSCI Canada ETF (NYSEARCA:EWC)

CSM Advisors LLC purchased a new position in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) during the fourth quarter, HoldingsChannel reports. The fund purchased 53,635 shares of the exchange traded fund’s stock, valued at approximately $2,162,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. HM Payson & Co. grew its holdings 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 worth $30,000 after purchasing an additional 370 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in iShares MSCI Canada ETF during the fourth quarter worth about $83,000. Bessemer Group Inc. grew its stake in iShares MSCI Canada ETF by 65.0% during the fourth quarter. Bessemer Group Inc. now owns 2,640 shares of the exchange traded fund’s stock worth $106,000 after buying an additional 1,040 shares in the last quarter. IFP Advisors Inc increased its holdings in iShares MSCI Canada ETF by 141.4% in the 4th quarter. IFP Advisors Inc now owns 2,873 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 1,683 shares during the period. Finally, Bernard Wealth Management Corp. bought a new position in iShares MSCI Canada ETF in the 4th quarter valued at about $120,000.

iShares MSCI Canada ETF Trading Up 1.5 %

Shares of NYSEARCA:EWC opened at $41.39 on Wednesday. The stock has a market capitalization of $2.65 billion, a PE ratio of 18.11 and a beta of 0.95. The firm has a 50 day moving average of $40.56 and a 200-day moving average of $41.16. iShares MSCI Canada ETF has a 12 month low of $35.74 and a 12 month high of $43.33.

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).