Lido Advisors LLC Purchases 64,916 Shares of iShares MSCI Brazil ETF $EWZ

Lido Advisors LLC raised its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 145.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 109,684 shares of the exchange traded fund’s stock after buying an additional 64,916 shares during the period. Lido Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $4,211,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in shares of iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 1,500 shares in the last quarter. Parallel Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 16.7% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 293 shares during the period. Kapitalo Investimentos Ltda boosted its position in iShares MSCI Brazil ETF by 462.5% in the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock worth $72,000 after purchasing an additional 740,000 shares during the last quarter. Triumph Capital Management purchased a new position in iShares MSCI Brazil ETF in the third quarter worth $90,000. Finally, Waterford Advisors LLC purchased a new position in iShares MSCI Brazil ETF in the fourth quarter worth $117,000. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $35.73 on Friday. iShares MSCI Brazil ETF has a 1 year low of $26.30 and a 1 year high of $42.02. The company has a market capitalization of $9.05 billion, a PE ratio of 9.58 and a beta of 0.61. The business has a fifty day moving average price of $35.12 and a two-hundred day moving average price of $36.72.

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.