TIAA Trust National Association Invests $5.76 Million in iShares MSCI Canada ETF (NYSEARCA:EWC)

TIAA Trust National Association purchased a new stake in iShares MSCI Canada ETF (NYSEARCA:EWC) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 142,994 shares of the exchange traded fund’s stock, valued at approximately $5,763,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Polianta Ltd acquired a new position in iShares MSCI Canada ETF in the 4th quarter valued at $15,237,000. Pictet North America Advisors SA raised its position in iShares MSCI Canada ETF by 2,374.7% in the fourth quarter. Pictet North America Advisors SA now owns 261,150 shares of the exchange traded fund’s stock valued at $10,524,000 after purchasing an additional 250,597 shares during the period. National Bank of Canada FI lifted its stake in iShares MSCI Canada ETF by 664.6% during the 3rd quarter. National Bank of Canada FI now owns 200,356 shares of the exchange traded fund’s stock worth $8,319,000 after acquiring an additional 174,151 shares in the last quarter. Sentinel Pension Advisors Inc. grew its holdings in shares of iShares MSCI Canada ETF by 188.3% in the fourth quarter. Sentinel Pension Advisors Inc. now owns 125,550 shares of the exchange traded fund’s stock valued at $5,060,000 after purchasing an additional 82,000 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in iShares MSCI Canada ETF in the fourth quarter valued at $2,967,000.

iShares MSCI Canada ETF Trading Up 0.5 %

Shares of EWC opened at $41.71 on Wednesday. iShares MSCI Canada ETF has a twelve month low of $35.74 and a twelve month high of $43.33. The firm has a market capitalization of $2.67 billion, a price-to-earnings ratio of 19.10 and a beta of 1.05. The firm’s fifty day simple moving average is $41.14 and its 200-day simple moving average is $41.31.

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).