Assetmark Inc. Acquires 31,104 Shares of iShares MSCI Canada ETF $EWC

Assetmark Inc. boosted its holdings in iShares MSCI Canada ETF (NYSEARCA:EWC) by 1.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 1,662,312 shares of the exchange traded fund’s stock after purchasing an additional 31,104 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI Canada ETF were worth $84,030,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Balyasny Asset Management L.P. purchased a new position in shares of iShares MSCI Canada ETF in the second quarter worth $51,589,000. Bank of Nova Scotia bought a new stake in iShares MSCI Canada ETF in the 2nd quarter valued at $40,619,000. Bank of Montreal Can lifted its stake in iShares MSCI Canada ETF by 152.1% in the 2nd quarter. Bank of Montreal Can now owns 1,304,333 shares of the exchange traded fund’s stock worth $60,260,000 after purchasing an additional 787,009 shares in the last quarter. CSM Advisors LLC lifted its stake in iShares MSCI Canada ETF by 666.5% in the 2nd quarter. CSM Advisors LLC now owns 411,135 shares of the exchange traded fund’s stock worth $18,999,000 after purchasing an additional 357,500 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of iShares MSCI Canada ETF by 22.8% during the 2nd quarter. Bank of America Corp DE now owns 1,769,516 shares of the exchange traded fund’s stock valued at $81,752,000 after purchasing an additional 328,742 shares during the last quarter.

iShares MSCI Canada ETF Stock Down 2.3%

Shares of iShares MSCI Canada ETF stock opened at $55.26 on Friday. iShares MSCI Canada ETF has a twelve month low of $36.70 and a twelve month high of $57.40. The business has a 50-day moving average price of $54.64 and a 200-day moving average price of $51.42. The firm has a market cap of $4.09 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94.

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.