GAMMA Investing LLC Acquires Shares of 86,202 iShares MSCI Canada ETF $EWC

GAMMA Investing LLC bought a new stake in iShares MSCI Canada ETF (NYSEARCA:EWC) in the fourth quarter, Holdings Channel reports. The institutional investor bought 86,202 shares of the exchange traded fund’s stock, valued at approximately $4,649,000.

Other hedge funds have also made changes to their positions in the company. Goldman Sachs Group Inc. increased its position in iShares MSCI Canada ETF by 1.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,534,679 shares of the exchange traded fund’s stock valued at $62,538,000 after acquiring an additional 21,113 shares during the period. Cetera Investment Advisers raised its stake in iShares MSCI Canada ETF by 11.5% during the 2nd quarter. Cetera Investment Advisers now owns 76,053 shares of the exchange traded fund’s stock valued at $3,514,000 after acquiring an additional 7,819 shares during the last quarter. Rockefeller Capital Management L.P. lifted its position in iShares MSCI Canada ETF by 3.2% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 15,651 shares of the exchange traded fund’s stock worth $723,000 after acquiring an additional 486 shares during the period. TD Waterhouse Canada Inc. lifted its position in iShares MSCI Canada ETF by 223.5% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 147,818 shares of the exchange traded fund’s stock worth $6,826,000 after acquiring an additional 102,121 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new position in shares of iShares MSCI Canada ETF in the 2nd quarter valued at approximately $1,502,000.

iShares MSCI Canada ETF Trading Down 1.3%

NYSEARCA:EWC opened at $54.10 on Friday. iShares MSCI Canada ETF has a 12-month low of $36.70 and a 12-month high of $58.78. The stock’s 50 day simple moving average is $55.95 and its 200-day simple moving average is $53.02. The firm has a market cap of $4.00 billion, a P/E ratio of 19.77 and a beta of 0.94.

iShares MSCI Canada ETF 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.