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

Shares of iShares MSCI Canada ETF (NYSEARCA:EWC) saw unusually-high trading volume on Thursday . Approximately 923,505 shares traded hands during trading, a decline of 59% from the previous session’s volume of 2,269,889 shares.The stock last traded at $36.87 and had previously closed at $36.77.

iShares MSCI Canada ETF Stock Up 0.6 %

The stock has a market cap of $3.30 billion, a P/E ratio of 14.06 and a beta of 1.02. The company has a 50-day simple moving average of $37.35 and a two-hundred day simple moving average of $35.68.

Hedge Funds Weigh In On iShares MSCI Canada ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWC. Polianta Ltd grew its position in shares of iShares MSCI Canada ETF by 43.0% in the 1st quarter. Polianta Ltd now owns 376,700 shares of the exchange traded fund’s stock worth $14,420,000 after buying an additional 113,200 shares during the last quarter. CWM LLC boosted its holdings in iShares MSCI Canada ETF by 51.2% in the first quarter. CWM LLC now owns 1,976 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 669 shares in the last quarter. Richardson Financial Services Inc. purchased a new position in iShares MSCI Canada ETF during the 4th quarter valued at $158,000. Wexford Capital LP bought a new position in iShares MSCI Canada ETF in the 4th quarter worth $9,961,000. Finally, OLD Mission Capital LLC lifted its position in shares of iShares MSCI Canada ETF by 290.5% in the 4th quarter. OLD Mission Capital LLC now owns 106,413 shares of the exchange traded fund’s stock worth $3,903,000 after purchasing an additional 79,161 shares during the period.

About iShares MSCI Canada ETF

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).