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

Cumberland Advisors Inc. lowered its holdings in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 54,510 shares of the exchange traded fund’s stock after selling 2,835 shares during the quarter. iShares MSCI Canada ETF accounts for 0.9% of Cumberland Advisors Inc.’s portfolio, making the stock its 23rd biggest holding. Cumberland Advisors Inc. owned about 0.08% of iShares MSCI Canada ETF worth $2,197,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of EWC. Caprock Group LLC raised its position in iShares MSCI Canada ETF by 2.8% during the 2nd quarter. Caprock Group LLC now owns 10,774 shares of the exchange traded fund’s stock valued at $400,000 after purchasing an additional 290 shares in the last quarter. Syntrinsic LLC raised its position in iShares MSCI Canada ETF by 26.0% during 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. Voya Financial Advisors Inc. raised its position in iShares MSCI Canada ETF by 4.5% during the 3rd quarter. Voya Financial Advisors Inc. now owns 7,903 shares of the exchange traded fund’s stock valued at $328,000 after purchasing an additional 342 shares in the last quarter. Richardson Financial Services Inc. raised its position in iShares MSCI Canada ETF by 9.4% during the 3rd quarter. Richardson Financial Services Inc. now owns 4,362 shares of the exchange traded fund’s stock valued at $181,000 after purchasing an additional 374 shares in the last quarter. Finally, Whittier Trust Co. raised its position in iShares MSCI Canada ETF by 38.7% during the 3rd quarter. Whittier Trust Co. now owns 1,682 shares of the exchange traded fund’s stock valued at $70,000 after purchasing an additional 469 shares in the last quarter.

iShares MSCI Canada ETF Stock Performance

NYSEARCA EWC traded up $0.22 on Wednesday, reaching $40.80. 3,077,303 shares of the stock traded hands, compared to its average volume of 2,689,901. The company has a market cap of $2.92 billion, a price-to-earnings ratio of 14.59 and a beta of 0.90. iShares MSCI Canada ETF has a 12 month low of $35.05 and a 12 month high of $43.33. The company has a fifty day moving average price of $41.63 and a 200-day moving average price of $40.31.

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).