Revisor Wealth Management LLC Grows Stock Position in iShares MSCI Brazil ETF $EWZ

Revisor Wealth Management LLC raised its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 359.6% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 34,990 shares of the exchange traded fund’s stock after acquiring an additional 27,377 shares during the period. Revisor Wealth Management LLC’s holdings in iShares MSCI Brazil ETF were worth $1,215,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of EWZ. Truxt Investmentos Ltda. purchased a new position in shares of iShares MSCI Brazil ETF during the 3rd quarter valued at about $25,000. Ameriflex Group Inc. raised its stake in shares of iShares MSCI Brazil ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 440 shares during the last quarter. Private Trust Co. NA raised its stake in shares of iShares MSCI Brazil ETF by 114.4% during the 3rd quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 572 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of iShares MSCI Brazil ETF by 388.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 970 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $41.16 on Monday. The stock has a 50-day simple moving average of $38.22 and a two-hundred day simple moving average of $34.59. The firm has a market capitalization of $11.47 billion, a P/E ratio of 9.58 and a beta of 0.69. iShares MSCI Brazil ETF has a fifty-two week low of $24.94 and a fifty-two week high of $42.02.

iShares MSCI Brazil ETF 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). 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.