Columbus Macro LLC purchased a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 46,027 shares of the exchange traded fund’s stock, valued at approximately $1,715,000.
Other large investors have also recently added to or reduced their stakes in the company. Krilogy Financial LLC bought a new position in shares of iShares MSCI Brazil ETF in the third quarter valued at approximately $179,000. Armstrong Advisory Group Inc. grew its position in iShares MSCI Brazil ETF by 67.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,266,204 shares of the exchange traded fund’s stock worth $47,166,000 after acquiring an additional 510,464 shares during the last quarter. Wedmont Private Capital acquired a new stake in iShares MSCI Brazil ETF during the 3rd quarter valued at $176,000. Whitcomb & Hess Inc. increased its holdings in iShares MSCI Brazil ETF by 0.5% during the 3rd quarter. Whitcomb & Hess Inc. now owns 289,053 shares of the exchange traded fund’s stock valued at $10,767,000 after purchasing an additional 1,552 shares in the last quarter. Finally, Polaris Financial Partners acquired a new stake in iShares MSCI Brazil ETF during the 3rd quarter valued at $90,000. 72.69% of the stock is owned by institutional investors.
iShares MSCI Brazil ETF Stock Down 0.6%
EWZ traded down $0.27 during trading on Wednesday, hitting $42.60. The company’s stock had a trading volume of 59,270,414 shares, compared to its average volume of 30,766,105. The firm’s 50 day moving average price is $37.34 and its two-hundred day moving average price is $36.98. iShares MSCI Brazil ETF has a 12 month low of $29.07 and a 12 month high of $43.90. The stock has a market capitalization of $12.34 billion, a price-to-earnings ratio of 9.58 and a beta of 0.57.
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.
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