Centaurus Financial Inc. Makes New Investment in iShares MSCI Brazil ETF $EWZ

Centaurus Financial Inc. bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 52,167 shares of the exchange traded fund’s stock, valued at approximately $2,003,000.

Several other institutional investors and hedge funds also recently bought and sold shares of EWZ. NewEdge Advisors LLC grew its stake in iShares MSCI Brazil ETF by 819.7% in 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 in the last quarter. Parallel Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 16.7% in the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 293 shares in the last quarter. Triumph Capital Management bought a new stake in shares of iShares MSCI Brazil ETF during the 3rd quarter valued at $90,000. Waterford Advisors LLC bought a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter valued at $117,000. Finally, Fifth Third Bancorp lifted its holdings in iShares MSCI Brazil ETF by 7,504.0% during the 1st quarter. Fifth Third Bancorp now owns 3,802 shares of the exchange traded fund’s stock worth $146,000 after purchasing an additional 3,752 shares in the last quarter. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Stock Up 3.0%

EWZ stock opened at $36.53 on Friday. The firm has a market capitalization of $9.25 billion, a PE ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a twelve month low of $26.39 and a twelve month high of $42.02. The stock has a 50-day simple moving average of $35.07 and a two-hundred day simple moving average of $36.84.

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.