BNP Paribas Financial Markets Sells 606,751 Shares of iShares MSCI Canada ETF $EWC

BNP Paribas Financial Markets decreased its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 77.0% during the 4th quarter, Holdings Channel reports. The institutional investor owned 181,492 shares of the exchange traded fund’s stock after selling 606,751 shares during the period. BNP Paribas Financial Markets’ holdings in iShares MSCI Canada ETF were worth $9,788,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ascent Group LLC raised its holdings in iShares MSCI Canada ETF by 411.5% during the 4th quarter. Ascent Group LLC now owns 32,205 shares of the exchange traded fund’s stock worth $1,737,000 after purchasing an additional 25,909 shares during the last quarter. Henrickson Nauta Wealth Advisors Inc. grew its position in shares of iShares MSCI Canada ETF by 100.0% during the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 34,429 shares of the exchange traded fund’s stock worth $1,882,000 after buying an additional 17,214 shares during the period. Providence First Trust Co acquired a new position in shares of iShares MSCI Canada ETF during the 4th quarter worth about $1,249,000. Navellier & Associates Inc. bought a new position in shares of iShares MSCI Canada ETF during the 3rd quarter valued at about $1,125,000. Finally, UBS Group AG lifted its holdings in shares of iShares MSCI Canada ETF by 54.7% during the 4th quarter. UBS Group AG now owns 532,095 shares of the exchange traded fund’s stock valued at $28,696,000 after purchasing an additional 188,150 shares in the last quarter.

iShares MSCI Canada ETF Price Performance

NYSEARCA:EWC opened at $58.06 on Tuesday. iShares MSCI Canada ETF has a fifty-two week low of $44.95 and a fifty-two week high of $59.52. The stock has a market capitalization of $5.19 billion, a PE ratio of 19.77 and a beta of 0.85. The business’s 50-day simple moving average is $57.54 and its 200-day simple moving average is $55.73.

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). 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.