Richardson Financial Services Inc. Takes Position in iShares MSCI Canada ETF (NYSEARCA:EWC)

Richardson Financial Services Inc. bought a new stake in iShares MSCI Canada ETF (NYSEARCA:EWC) in the fourth quarter, Holdings Channel reports. The institutional investor bought 4,321 shares of the exchange traded fund’s stock, valued at approximately $158,000.

Other institutional investors also recently modified their holdings of the company. Citigroup Inc. raised its stake in shares of iShares MSCI Canada ETF by 6.5% in the third quarter. Citigroup Inc. now owns 107,868 shares of the exchange traded fund’s stock valued at $3,609,000 after acquiring an additional 6,571 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of iShares MSCI Canada ETF by 3.9% in the third quarter. Schroder Investment Management Group now owns 274,353 shares of the exchange traded fund’s stock valued at $9,180,000 after acquiring an additional 10,400 shares during the last quarter. Comerica Bank bought a new position in shares of iShares MSCI Canada ETF in the third quarter valued at approximately $8,233,000. Pathstone Family Office LLC bought a new position in shares of iShares MSCI Canada ETF in the third quarter valued at approximately $231,000. Finally, International Assets Investment Management LLC bought a new position in shares of iShares MSCI Canada ETF in the fourth quarter valued at approximately $2,726,000.

iShares MSCI Canada ETF Price Performance

Shares of NYSEARCA:EWC traded down $0.06 during trading on Friday, reaching $36.54. The stock had a trading volume of 1,737,695 shares, compared to its average volume of 2,151,993. iShares MSCI Canada ETF has a 52 week low of $31.41 and a 52 week high of $38.76. The business’s 50-day moving average price is $37.69 and its 200 day moving average price is $37.00. The stock has a market capitalization of $2.61 billion, a PE ratio of 14.59 and a beta of 0.90.

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).