Syon Capital LLC Cuts Holdings in iShares MSCI Canada ETF (NYSEARCA:EWC)

Syon Capital LLC lessened its stake in iShares MSCI Canada ETF (NYSEARCA:EWC) by 25.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 69,209 shares of the exchange traded fund’s stock after selling 24,178 shares during the quarter. Syon Capital LLC’s holdings in iShares MSCI Canada ETF were worth $2,539,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. NewSquare Capital LLC boosted its stake in shares of iShares MSCI Canada ETF by 13.0% in the 4th quarter. NewSquare Capital LLC now owns 106,392 shares of the exchange traded fund’s stock valued at $3,757,000 after purchasing an additional 12,232 shares in the last quarter. Cambridge Trust Co. raised its holdings in iShares MSCI Canada ETF by 0.3% during the 4th quarter. Cambridge Trust Co. now owns 230,371 shares of the exchange traded fund’s stock valued at $8,450,000 after buying an additional 674 shares during the last quarter. Daiwa Securities Group Inc. raised its holdings in iShares MSCI Canada ETF by 8.7% during the 4th quarter. Daiwa Securities Group Inc. now owns 12,090 shares of the exchange traded fund’s stock valued at $443,000 after buying an additional 970 shares during the last quarter. Elm Partners Management LLC raised its holdings in iShares MSCI Canada ETF by 10.8% during the 4th quarter. Elm Partners Management LLC now owns 139,295 shares of the exchange traded fund’s stock valued at $5,109,000 after buying an additional 13,541 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new stake in iShares MSCI Canada ETF during the 4th quarter valued at $2,726,000.

iShares MSCI Canada ETF Stock Performance

NYSEARCA:EWC traded up $0.13 during midday trading on Friday, reaching $37.63. 1,522,915 shares of the stock traded hands, compared to its average volume of 2,268,263. The company has a fifty day moving average of $37.48 and a 200 day moving average of $35.84. iShares MSCI Canada ETF has a 12 month low of $31.41 and a 12 month high of $38.62. The stock has a market capitalization of $2.80 billion, a P/E ratio of 14.41 and a beta of 0.93.

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).