iShares MSCI Brazil ETF $EWZ is Kiker Wealth Management LLC’s 9th Largest Position

Kiker Wealth Management LLC grew its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 67.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 212,613 shares of the exchange traded fund’s stock after acquiring an additional 85,405 shares during the quarter. iShares MSCI Brazil ETF comprises about 3.3% of Kiker Wealth Management LLC’s holdings, making the stock its 9th largest position. Kiker Wealth Management LLC’s holdings in iShares MSCI Brazil ETF were worth $6,591,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Royal Bank of Canada boosted its stake in iShares MSCI Brazil ETF by 18.0% during the 1st quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock worth $8,894,000 after purchasing an additional 52,532 shares during the period. NewEdge Advisors LLC boosted its stake in shares of iShares MSCI Brazil ETF by 819.7% during the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 1,500 shares during the period. Strs Ohio purchased a new position in shares of iShares MSCI Brazil ETF during the first quarter worth about $7,264,000. Parallel Advisors LLC increased its position in iShares MSCI Brazil ETF by 60.0% in the 2nd quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 660 shares during the period. Finally, Connective Portfolio Management LLC acquired a new position in iShares MSCI Brazil ETF in the 2nd quarter valued at about $2,020,000. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Down 0.4%

EWZ opened at $32.93 on Tuesday. iShares MSCI Brazil ETF has a 52 week low of $22.63 and a 52 week high of $34.80. The business has a 50 day moving average price of $32.53 and a two-hundred day moving average price of $30.27. The company has a market cap of $6.89 billion, a PE ratio of 9.58 and a beta of 0.87.

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.