JPMorgan Chase & Co. Decreases Stake in iShares MSCI Canada ETF (NYSEARCA:EWC)

JPMorgan Chase & Co. cut its stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,505,701 shares of the exchange traded fund’s stock after selling 512,296 shares during the quarter. JPMorgan Chase & Co. owned about 20.29% of iShares MSCI Canada ETF worth $584,580,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in EWC. HM Payson & Co. increased its holdings in shares of iShares MSCI Canada ETF by 100.0% in the fourth quarter. HM Payson & Co. now owns 740 shares of the exchange traded fund’s stock valued at $30,000 after purchasing an additional 370 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in iShares MSCI Canada ETF during the 4th quarter valued at approximately $83,000. IFP Advisors Inc increased its stake in shares of iShares MSCI Canada ETF by 141.4% in the fourth quarter. IFP Advisors Inc now owns 2,873 shares of the exchange traded fund’s stock worth $116,000 after acquiring an additional 1,683 shares during the period. Jones Financial Companies Lllp raised its holdings in shares of iShares MSCI Canada ETF by 2,355.5% during the fourth quarter. Jones Financial Companies Lllp now owns 5,181 shares of the exchange traded fund’s stock worth $209,000 after purchasing an additional 4,970 shares during the last quarter. Finally, Boltwood Capital Management acquired a new position in iShares MSCI Canada ETF during the fourth quarter valued at $225,000.

iShares MSCI Canada ETF Stock Performance

NYSEARCA EWC opened at $40.57 on Friday. iShares MSCI Canada ETF has a fifty-two week low of $35.74 and a fifty-two week high of $43.33. The firm has a market capitalization of $2.60 billion, a P/E ratio of 19.10 and a beta of 1.05. The stock has a 50-day simple moving average of $41.17 and a two-hundred day simple moving average of $41.31.

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).