Navellier & Associates Inc. Makes New $1.13 Million Investment in iShares MSCI Canada ETF $EWC

Navellier & Associates Inc. acquired a new stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 22,256 shares of the exchange traded fund’s stock, valued at approximately $1,125,000.

Other hedge funds also recently made changes to their positions in the company. Cardinal Point Capital Management ULC grew its position in iShares MSCI Canada ETF by 9.6% in the third quarter. Cardinal Point Capital Management ULC now owns 14,241 shares of the exchange traded fund’s stock worth $720,000 after acquiring an additional 1,250 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in iShares MSCI Canada ETF during the third quarter worth about $332,000. IMC Chicago LLC boosted its holdings in shares of iShares MSCI Canada ETF by 225.2% in the 3rd quarter. IMC Chicago LLC now owns 43,128 shares of the exchange traded fund’s stock worth $2,180,000 after purchasing an additional 29,864 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares MSCI Canada ETF by 4.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 6,918 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 290 shares during the last quarter. Finally, Meridian Management Co. purchased a new position in shares of iShares MSCI Canada ETF during the 3rd quarter valued at about $1,541,000.

iShares MSCI Canada ETF Price Performance

NYSEARCA:EWC opened at $56.72 on Wednesday. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94. The business has a 50 day moving average of $54.52 and a 200 day moving average of $51.35. iShares MSCI Canada ETF has a 1-year low of $36.70 and a 1-year high of $57.04.

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.