Y Intercept Hong Kong Ltd Takes $2.32 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Y Intercept Hong Kong Ltd acquired a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 103,005 shares of the exchange traded fund’s stock, valued at approximately $2,319,000. Y Intercept Hong Kong Ltd owned 0.07% of iShares MSCI Brazil ETF as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in EWZ. Itau Unibanco Holding S.A. boosted its position in shares of iShares MSCI Brazil ETF by 606.2% during the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock worth $35,076,000 after purchasing an additional 1,020,993 shares during the period. LMR Partners LLP boosted its position in shares of iShares MSCI Brazil ETF by 111.3% during the 3rd quarter. LMR Partners LLP now owns 101,576 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 1,001,576 shares during the period. Money Design Co. Ltd. purchased a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth approximately $19,296,000. Catalyst Capital Advisors LLC boosted its position in shares of iShares MSCI Brazil ETF by 43.8% during the 4th quarter. Catalyst Capital Advisors LLC now owns 896,780 shares of the exchange traded fund’s stock worth $20,187,000 after purchasing an additional 273,150 shares during the period. Finally, Polianta Ltd purchased a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth approximately $5,618,000.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $25.06 on Tuesday. The stock has a market capitalization of $3.25 billion, a P/E ratio of 8.22 and a beta of 1.17. The company has a 50 day moving average price of $24.11 and a 200 day moving average price of $26.92. iShares MSCI Brazil ETF has a fifty-two week low of $22.26 and a fifty-two week high of $34.13.

About iShares MSCI Brazil ETF

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index 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 Brazilian market, as measured by the MSCI Brazil Index (the Index).