The Manufacturers Life Insurance Company Acquires 1,663,788 Shares of iShares MSCI Canada ETF $EWC

The Manufacturers Life Insurance Company lifted its holdings in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 52.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 4,841,833 shares of the exchange traded fund’s stock after buying an additional 1,663,788 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.05% of iShares MSCI Canada ETF worth $265,284,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Assetmark Inc. lifted its stake in shares of iShares MSCI Canada ETF by 5.4% in the 1st quarter. Assetmark Inc. now owns 1,800,052 shares of the exchange traded fund’s stock valued at $98,625,000 after purchasing an additional 91,652 shares during the last quarter. Bank of America Corp DE boosted its holdings in iShares MSCI Canada ETF by 22.8% in the second quarter. Bank of America Corp DE now owns 1,769,516 shares of the exchange traded fund’s stock worth $81,752,000 after purchasing an additional 328,742 shares in the last quarter. Korea Investment CORP increased its position in iShares MSCI Canada ETF by 5.7% during the fourth quarter. Korea Investment CORP now owns 1,757,957 shares of the exchange traded fund’s stock worth $94,807,000 after buying an additional 94,857 shares during the last quarter. Goldman Sachs Group Inc. increased its position in iShares MSCI Canada ETF by 1.4% during the first quarter. Goldman Sachs Group Inc. now owns 1,534,679 shares of the exchange traded fund’s stock worth $62,538,000 after buying an additional 21,113 shares during the last quarter. Finally, Balyasny Asset Management L.P. bought a new position in iShares MSCI Canada ETF during the second quarter valued at about $51,589,000.

iShares MSCI Canada ETF Price Performance

Shares of NYSEARCA:EWC opened at $59.39 on Tuesday. iShares MSCI Canada ETF has a fifty-two week low of $45.66 and a fifty-two week high of $59.69. The business has a 50-day moving average of $58.43 and a two-hundred day moving average of $57.01. The stock has a market capitalization of $6.05 billion, a P/E ratio of 19.77 and a beta of 0.86.

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.