Meridian Management Co. Invests $1.54 Million in iShares MSCI Canada ETF $EWC

Meridian Management Co. bought a new position in iShares MSCI Canada ETF (NYSEARCA:EWC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 30,490 shares of the exchange traded fund’s stock, valued at approximately $1,541,000.

Several other institutional investors have also added to or reduced their stakes in EWC. American National Bank & Trust bought a new stake in iShares MSCI Canada ETF in the 3rd quarter worth approximately $25,000. CWM LLC raised its stake in iShares MSCI Canada ETF by 27.1% during the second quarter. CWM LLC now owns 2,151 shares of the exchange traded fund’s stock valued at $99,000 after purchasing an additional 459 shares in the last quarter. IAM Advisory LLC purchased a new stake in iShares MSCI Canada ETF during the third quarter valued at $202,000. Perigon Wealth Management LLC bought a new position in iShares MSCI Canada ETF during the third quarter valued at $202,000. Finally, J.W. Cole Advisors Inc. purchased a new position in shares of iShares MSCI Canada ETF in the 2nd quarter worth $207,000.

iShares MSCI Canada ETF Trading Up 0.3%

Shares of NYSEARCA EWC opened at $56.53 on Friday. iShares MSCI Canada ETF has a 12-month low of $36.70 and a 12-month high of $57.05. The firm’s 50-day moving average price is $53.99 and its 200-day moving average price is $50.82. The stock has a market capitalization of $4.14 billion, a price-to-earnings ratio of 19.77 and a beta of 0.94.

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). 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.