iShares MSCI Canada ETF (NYSEARCA:EWC) Reaches New 12-Month High – Still a Buy?

iShares MSCI Canada ETF (NYSEARCA:EWC) hit a new 52-week high on Tuesday . The stock traded as high as $62.59 and last traded at $62.51, with a volume of 441424 shares changing hands. The stock had previously closed at $62.12.

Key Headlines Impacting iShares MSCI Canada ETF

Here are the key news stories impacting iShares MSCI Canada ETF this week:

• Positive Sentiment: Bank of America said the tariffs should have a relatively modest direct effect on Canadian economic growth, limiting the immediate earnings impact for many companies. The measures are also scheduled to take effect or expand later, giving businesses and policymakers time to adapt. US-Canada trade collapse a modest direct hit, Bank of America says
• Neutral Sentiment: Market commentary indicates investors have not broadly panicked over the trade dispute, and global-market monitoring remains focused on whether the conflict produces a sustained economic slowdown rather than a short-lived headline shock. Markets are not being spooked by US-Canada trade debacle
• Negative Sentiment: President Trump threatened to impose 50% tariffs on Canadian cars, trucks, auto parts and steel beginning in January 2027. These measures could pressure Canada’s major automotive and manufacturing industries, which are important components of the Canadian economy. Trump threatens tariffs on all cars and trucks to 50%
• Negative Sentiment: Trade negotiations have collapsed, Canada says a near-term agreement is unlikely, and Ottawa is preparing dollar-for-dollar retaliation against U.S. goods. The escalation raises costs for cross-border commerce and increases the risk of weaker business confidence and delayed investment. Canada poised to retaliate against Trump tariffs
• Negative Sentiment: Analysts estimate the broader tariffs could affect roughly 90,000 jobs, with smaller businesses potentially receiving less government support. Further threats to electricity and mineral exports add to uncertainty for Canadian companies and investors. US-Canada Trade War: What Happens Next?

iShares MSCI Canada ETF Stock Up 0.7%

The firm has a market capitalization of $6.46 billion, a PE ratio of 19.77 and a beta of 0.86. The stock has a 50-day simple moving average of $59.46 and a 200-day simple moving average of $57.85.

Institutional Investors Weigh In On iShares MSCI Canada ETF

Large investors have recently added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC purchased a new stake in iShares MSCI Canada ETF during the fourth quarter valued at about $34,000. Tucker Asset Management LLC purchased a new position in shares of iShares MSCI Canada ETF in the fourth quarter worth about $46,000. Western Wealth Management LLC bought a new stake in shares of iShares MSCI Canada ETF in the first quarter valued at approximately $49,000. Abound Financial LLC bought a new stake in shares of iShares MSCI Canada ETF in the fourth quarter valued at approximately $66,000. Finally, Summit Securities Group LLC purchased a new stake in shares of iShares MSCI Canada ETF during the 4th quarter valued at approximately $86,000.

About iShares MSCI Canada ETF

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.