iShares MSCI Canada ETF (NYSEARCA:EWC) Sees Strong Trading Volume

iShares MSCI Canada ETF (NYSEARCA:EWC) saw an uptick in trading volume on Wednesday . 5,845,600 shares were traded during trading, an increase of 162% from the previous session’s volume of 2,233,301 shares.The stock last traded at $29.43 and had previously closed at $29.22.

The company has a 50 day moving average price of $29.20 and a 200 day moving average price of $28.56.

Several institutional investors have recently added to or reduced their stakes in EWC. Zurich Insurance Group Ltd FI purchased a new position in shares of iShares MSCI Canada ETF during the 2nd quarter valued at approximately $115,285,000. Victory Capital Management Inc. bought a new position in iShares MSCI Canada ETF during the second quarter worth $29,605,000. BNP Paribas Arbitrage SA lifted its stake in iShares MSCI Canada ETF by 836.0% during the second quarter. BNP Paribas Arbitrage SA now owns 1,117,940 shares of the exchange traded fund’s stock worth $31,995,000 after purchasing an additional 998,502 shares during the last quarter. Bank of America Corp DE lifted its stake in iShares MSCI Canada ETF by 6.4% during the second quarter. Bank of America Corp DE now owns 7,509,740 shares of the exchange traded fund’s stock worth $214,929,000 after purchasing an additional 449,111 shares during the last quarter. Finally, HighTower Advisors LLC lifted its stake in iShares MSCI Canada ETF by 536.2% during the second quarter. HighTower Advisors LLC now owns 496,832 shares of the exchange traded fund’s stock worth $14,218,000 after purchasing an additional 418,742 shares during the last quarter.

About iShares MSCI Canada ETF (NYSEARCA:EWC)

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).

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