iShares MSCI Canada ETF (NYSEARCA:EWC) Sets New 1-Year High – Should You Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.45 and last traded at $42.24, with a volume of 104914 shares traded. The stock had previously closed at $42.14.

iShares MSCI Canada ETF Trading Up 0.1 %

The stock has a market cap of $3.02 billion, a P/E ratio of 14.59 and a beta of 0.90. The business’s fifty day simple moving average is $41.23 and its 200 day simple moving average is $39.20.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new position in iShares MSCI Canada ETF during the 2nd quarter valued at about $45,000. Syntrinsic LLC lifted its holdings in iShares MSCI Canada ETF by 26.0% in the second quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock valued at $55,000 after buying an additional 308 shares during the period. International Assets Investment Management LLC bought a new position in iShares MSCI Canada ETF in the second quarter valued at approximately $69,000. Whittier Trust Co. grew its holdings in iShares MSCI Canada ETF by 38.7% during the 3rd quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 469 shares during the period. Finally, CWM LLC grew its holdings in iShares MSCI Canada ETF by 18.7% during the 2nd quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock worth $87,000 after acquiring an additional 370 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).