Kawa Capital Management Inc Purchases Shares of 400,000 iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Kawa Capital Management Inc purchased a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, according to its most recent 13F filing with the SEC. The fund purchased 400,000 shares of the exchange traded fund’s stock, valued at approximately $9,004,000. iShares MSCI Brazil ETF makes up 24.4% of Kawa Capital Management Inc’s investment portfolio, making the stock its 2nd largest position. Kawa Capital Management Inc owned approximately 0.25% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. FMR LLC increased its holdings in shares of iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 602 shares during the period. Harbor Advisors LLC purchased a new position in iShares MSCI Brazil ETF in the 3rd quarter worth approximately $206,000. Itau Unibanco Holding S.A. lifted its position in iShares MSCI Brazil ETF by 606.2% in the third quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock valued at $35,076,000 after purchasing an additional 1,020,993 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of iShares MSCI Brazil ETF by 54.5% during the third quarter. IHT Wealth Management LLC now owns 14,937 shares of the exchange traded fund’s stock valued at $440,000 after purchasing an additional 5,269 shares during the period. Finally, Point72 DIFC Ltd bought a new position in shares of iShares MSCI Brazil ETF in the third quarter worth approximately $7,293,000.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $26.33 on Friday. The stock has a market cap of $3.36 billion, a P/E ratio of 10.38 and a beta of 1.17. iShares MSCI Brazil ETF has a fifty-two week low of $22.26 and a fifty-two week high of $33.00. The stock has a 50 day simple moving average of $25.26 and a two-hundred day simple moving average of $26.21.

iShares MSCI Brazil ETF Company Profile

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).