Prudential PLC Takes $16.34 Million Position in iShares MSCI Canada ETF $EWC

Prudential PLC acquired a new stake in shares of iShares MSCI Canada ETF (NYSEARCA:EWC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 302,900 shares of the exchange traded fund’s stock, valued at approximately $16,335,000. Prudential PLC owned 0.41% of iShares MSCI Canada ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of iShares MSCI Canada ETF during the fourth quarter valued at approximately $34,000. Financial Life Planners purchased a new position in shares of iShares MSCI Canada ETF during the third quarter valued at approximately $35,000. Tucker Asset Management LLC purchased a new position in shares of iShares MSCI Canada ETF during the fourth quarter valued at approximately $46,000. Optima Capital LLC purchased a new position in shares of iShares MSCI Canada ETF during the fourth quarter valued at approximately $52,000. Finally, USA Financial Formulas lifted its stake in shares of iShares MSCI Canada ETF by 1,789.2% during the fourth quarter. USA Financial Formulas now owns 1,398 shares of the exchange traded fund’s stock valued at $75,000 after buying an additional 1,324 shares during the period.

iShares MSCI Canada ETF Stock Performance

Shares of EWC opened at $58.03 on Friday. The company has a market capitalization of $5.19 billion, a price-to-earnings ratio of 19.77 and a beta of 0.85. The company’s 50 day simple moving average is $57.45 and its 200 day simple moving average is $55.64. iShares MSCI Canada ETF has a 1 year low of $44.95 and a 1 year high of $59.52.

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). The Index seeks to measure the performance of the Canadian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.