Nan Fung Trinity HK Ltd. Makes New Investment in iShares MSCI Brazil ETF $EWZ

Nan Fung Trinity HK Ltd. acquired a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 847,100 shares of the exchange traded fund’s stock, valued at approximately $24,439,000. iShares MSCI Brazil ETF makes up about 2.9% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 9th largest holding. Nan Fung Trinity HK Ltd. owned 0.46% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its stake in iShares MSCI Brazil ETF by 64.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock worth $545,013,000 after purchasing an additional 8,271,979 shares in the last quarter. New Vernon Capital Holdings II LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the first quarter valued at approximately $156,653,000. Phoenix Financial Ltd. lifted its position in iShares MSCI Brazil ETF by 276.2% during the second quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock worth $190,670,000 after buying an additional 4,852,250 shares in the last quarter. Wellington Management Group LLP grew its holdings in iShares MSCI Brazil ETF by 4,795.3% in the 1st quarter. Wellington Management Group LLP now owns 1,950,002 shares of the exchange traded fund’s stock valued at $50,408,000 after buying an additional 1,991,533 shares in the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new stake in iShares MSCI Brazil ETF in the 2nd quarter valued at $35,828,000. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Up 2.4%

NYSEARCA EWZ opened at $33.49 on Wednesday. The business’s fifty day simple moving average is $30.49 and its 200-day simple moving average is $28.75. The firm has a market cap of $6.47 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $33.62.

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).