Royal Bank of Canada Reduces Position in iShares MSCI Mexico ETF $EWW

Royal Bank of Canada trimmed its holdings in iShares MSCI Mexico ETF (NYSEARCA:EWW) by 11.5% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 169,448 shares of the exchange traded fund’s stock after selling 21,992 shares during the quarter. Royal Bank of Canada owned about 0.59% of iShares MSCI Mexico ETF worth $12,747,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Orion Porfolio Solutions LLC grew its stake in shares of iShares MSCI Mexico ETF by 3.3% in the 4th quarter. Orion Porfolio Solutions LLC now owns 4,603 shares of the exchange traded fund’s stock worth $319,000 after buying an additional 146 shares in the last quarter. MML Investors Services LLC raised its holdings in iShares MSCI Mexico ETF by 1.6% during the 4th quarter. MML Investors Services LLC now owns 9,091 shares of the exchange traded fund’s stock valued at $630,000 after buying an additional 147 shares during the period. Wilmington Savings Fund Society FSB lifted its holdings in shares of iShares MSCI Mexico ETF by 4.8% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 3,376 shares of the exchange traded fund’s stock worth $234,000 after acquiring an additional 155 shares during the last quarter. &PARTNERS lifted its stake in iShares MSCI Mexico ETF by 5.3% in the fourth quarter. &PARTNERS now owns 3,579 shares of the exchange traded fund’s stock worth $246,000 after purchasing an additional 179 shares during the last quarter. Finally, Advisory Services Network LLC boosted its holdings in iShares MSCI Mexico ETF by 3.9% during the 4th quarter. Advisory Services Network LLC now owns 4,773 shares of the exchange traded fund’s stock valued at $331,000 after acquiring an additional 181 shares during the period.

iShares MSCI Mexico ETF Trading Up 1.2%

NYSEARCA EWW opened at $77.52 on Friday. The stock has a market cap of $1.99 billion, a PE ratio of 12.85 and a beta of 0.77. The company’s 50-day moving average price is $76.08 and its 200-day moving average price is $76.87. iShares MSCI Mexico ETF has a 12 month low of $60.44 and a 12 month high of $81.65.

iShares MSCI Mexico ETF Profile

iShares MSCI Mexico Capped ETF (the Fund), formerly iShares MSCI Mexico Capped Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Mexico IMI 25/50 Index (the Index). The Index consists of stocks traded primarily on the Mexican Stock Exchange. The Index is a free-float adjusted market capitalization weighted index with a capping methodology applied to issuer weights so that no single issuer of a component exceeds 25% of the Index weight and all issuers with weight above 5% do not exceed 50% of the Index weight.