iShares MSCI Canada ETF (NYSEARCA:EWC) Sets New 52-Week High – Time to Buy?

Shares of iShares MSCI Canada ETF (NYSEARCA:EWC) hit a new 52-week high on Wednesday . The stock traded as high as $51.95 and last traded at $51.9510, with a volume of 76879 shares trading hands. The stock had previously closed at $51.56.

iShares MSCI Canada ETF Stock Up 0.9%

The stock has a fifty day moving average price of $50.59 and a 200-day moving average price of $47.93. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94.

Institutional Trading of iShares MSCI Canada ETF

Hedge funds have recently made changes to their positions in the company. American National Bank & Trust acquired a new position in shares of iShares MSCI Canada ETF during the third quarter worth about $25,000. Financial Life Planners acquired a new stake in iShares MSCI Canada ETF in the third quarter valued at about $35,000. Banque Cantonale Vaudoise purchased a new stake in iShares MSCI Canada ETF in the 1st quarter valued at approximately $49,000. Huntington National Bank increased its position in iShares MSCI Canada ETF by 171,000.0% during the 3rd quarter. Huntington National Bank now owns 1,711 shares of the exchange traded fund’s stock worth $86,000 after purchasing an additional 1,710 shares during the period. Finally, CWM LLC increased its position in iShares MSCI Canada ETF by 27.1% during the 2nd quarter. CWM LLC now owns 2,151 shares of the exchange traded fund’s stock worth $99,000 after purchasing an additional 459 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).