Nilsine Partners LLC Increases Holdings in iShares MSCI Brazil ETF $EWZ

Nilsine Partners LLC boosted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 9.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 228,895 shares of the exchange traded fund’s stock after purchasing an additional 19,835 shares during the period. Nilsine Partners LLC owned approximately 0.09% of iShares MSCI Brazil ETF worth $7,897,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Bank of Nova Scotia grew its stake in shares of iShares MSCI Brazil ETF by 10,490.4% in the first quarter. Bank of Nova Scotia now owns 5,507,028 shares of the exchange traded fund’s stock valued at $211,416,000 after buying an additional 5,455,028 shares in the last quarter. Dynamo Internacional Gestao DE Recursos LTDA. raised its holdings in shares of iShares MSCI Brazil ETF by 1.5% during the 1st quarter. Dynamo Internacional Gestao DE Recursos LTDA. now owns 3,951,900 shares of the exchange traded fund’s stock valued at $25,220,000 after buying an additional 57,100 shares during the period. Allspring Global Investments Holdings LLC lifted its position in iShares MSCI Brazil ETF by 12,304.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock worth $119,760,000 after acquiring an additional 3,094,413 shares in the last quarter. Bessemer Group Inc. acquired a new position in iShares MSCI Brazil ETF during the 1st quarter worth approximately $108,733,000. Finally, SG Americas Securities LLC boosted its holdings in iShares MSCI Brazil ETF by 645.6% in the 1st quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock worth $89,996,000 after acquiring an additional 2,029,838 shares during the period. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Down 0.7%

NYSEARCA EWZ opened at $37.86 on Friday. iShares MSCI Brazil ETF has a fifty-two week low of $28.66 and a fifty-two week high of $42.02. The business has a 50 day moving average price of $35.43 and a two-hundred day moving average price of $36.69. The stock has a market cap of $9.58 billion, a PE ratio of 9.58 and a beta of 0.62.

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). 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.