Assetmark Inc. Reduces Stock Position in iShares MSCI Canada ETF (NYSEARCA:EWC)

Assetmark Inc. cut its stake in iShares MSCI Canada ETF (NYSEARCA:EWC) by 0.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,575,961 shares of the exchange traded fund’s stock after selling 4,641 shares during the quarter. Assetmark Inc.’s holdings in iShares MSCI Canada ETF were worth $63,511,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in iShares MSCI Canada ETF in the 4th quarter worth about $83,000. IFP Advisors Inc increased its position in shares of iShares MSCI Canada ETF by 141.4% during the fourth quarter. IFP Advisors Inc now owns 2,873 shares of the exchange traded fund’s stock valued at $116,000 after buying an additional 1,683 shares during the period. Avior Wealth Management LLC purchased a new stake in shares of iShares MSCI Canada ETF in the third quarter worth about $148,000. Jones Financial Companies Lllp boosted its position in shares of iShares MSCI Canada ETF by 2,355.5% in the fourth quarter. Jones Financial Companies Lllp now owns 5,181 shares of the exchange traded fund’s stock valued at $209,000 after acquiring an additional 4,970 shares during the period. Finally, Cary Street Partners Asset Management LLC purchased a new position in iShares MSCI Canada ETF during the third quarter valued at approximately $224,000.

iShares MSCI Canada ETF Trading Down 1.7 %

iShares MSCI Canada ETF stock opened at $39.77 on Wednesday. iShares MSCI Canada ETF has a 1-year low of $35.74 and a 1-year high of $43.33. The firm has a market capitalization of $2.55 billion, a PE ratio of 19.25 and a beta of 1.05. The firm’s 50 day simple moving average is $41.12 and its 200 day simple moving average is $41.25.

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).