iShares MSCI Canada ETF (NYSEARCA:EWC) Reaches New 1-Year High – Time to Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $42.53 and last traded at $42.53, with a volume of 43643 shares changing hands. The stock had previously closed at $42.21.

iShares MSCI Canada ETF Price Performance

The company has a market cap of $3.07 billion, a PE ratio of 14.59 and a beta of 0.90. The stock has a fifty day moving average price of $41.52 and a 200-day moving average price of $39.39.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new position in iShares MSCI Canada ETF during the second quarter valued at about $45,000. Syntrinsic LLC boosted its stake in shares of iShares MSCI Canada ETF by 26.0% in the 2nd quarter. Syntrinsic LLC now owns 1,494 shares of the exchange traded fund’s stock valued at $55,000 after purchasing an additional 308 shares in the last quarter. International Assets Investment Management LLC bought a new stake in iShares MSCI Canada ETF during the second quarter worth about $69,000. Whittier Trust Co. boosted its stake in iShares MSCI Canada ETF by 38.7% in the third quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock worth $70,000 after purchasing an additional 469 shares in the last quarter. Finally, CWM LLC increased its position in iShares MSCI Canada ETF by 18.7% in the 2nd quarter. CWM LLC now owns 2,346 shares of the exchange traded fund’s stock valued at $87,000 after acquiring an additional 370 shares in the last quarter.

iShares MSCI Canada ETF Company 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).