Summit Rock Advisors LP Makes New Investment in iShares MSCI Canada ETF $EWC

Summit Rock Advisors LP purchased a new position in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 460,458 shares of the exchange traded fund’s stock, valued at approximately $26,882,000. iShares MSCI Canada ETF accounts for about 57.2% of Summit Rock Advisors LP’s portfolio, making the stock its biggest holding. Summit Rock Advisors LP owned about 0.38% of iShares MSCI Canada ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company increased its holdings in shares of iShares MSCI Canada ETF by 52.4% in the first quarter. The Manufacturers Life Insurance Company now owns 4,841,833 shares of the exchange traded fund’s stock valued at $265,284,000 after purchasing an additional 1,663,788 shares during the period. Bank of America Corp DE raised its stake in shares of iShares MSCI Canada ETF by 8.1% in the first quarter. Bank of America Corp DE now owns 2,081,714 shares of the exchange traded fund’s stock worth $114,057,000 after purchasing an additional 156,792 shares during the last quarter. Assetmark Inc. lifted its holdings in shares of iShares MSCI Canada ETF by 5.4% during the first quarter. Assetmark Inc. now owns 1,800,052 shares of the exchange traded fund’s stock worth $98,625,000 after purchasing an additional 91,652 shares during the period. Stairway Partners LLC acquired a new stake in shares of iShares MSCI Canada ETF during the third quarter worth about $47,867,000. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI Canada ETF by 61.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 551,146 shares of the exchange traded fund’s stock worth $30,197,000 after purchasing an additional 210,000 shares during the period.

iShares MSCI Canada ETF Stock Up 1.8%

Shares of NYSEARCA EWC opened at $60.33 on Friday. The business’s 50 day moving average price is $60.62 and its 200 day moving average price is $58.99. The firm has a market cap of $7.28 billion, a P/E ratio of 19.77 and a beta of 0.87. iShares MSCI Canada ETF has a 52 week low of $49.31 and a 52 week high of $62.71.

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). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.