Thrivent Financial for Lutherans Has $10.49 Million Position in iShares MSCI Brazil ETF $EWZ

Thrivent Financial for Lutherans raised its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 586.9% in the fourth quarter, Holdings Channel.com reports. The fund owned 328,458 shares of the exchange traded fund’s stock after acquiring an additional 280,639 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares MSCI Brazil ETF were worth $10,486,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Nwam LLC lifted its stake in iShares MSCI Brazil ETF by 2.2% in the fourth quarter. Nwam LLC now owns 18,410 shares of the exchange traded fund’s stock valued at $585,000 after acquiring an additional 397 shares during the last quarter. Retirement Planning Co of New England Inc. lifted its stake in iShares MSCI Brazil ETF by 5.4% in the third quarter. Retirement Planning Co of New England Inc. now owns 8,093 shares of the exchange traded fund’s stock valued at $251,000 after acquiring an additional 413 shares during the last quarter. Patriot Financial Group Insurance Agency LLC lifted its stake in iShares MSCI Brazil ETF by 2.2% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 20,069 shares of the exchange traded fund’s stock valued at $638,000 after acquiring an additional 423 shares during the last quarter. Samalin Investment Counsel LLC lifted its stake in iShares MSCI Brazil ETF by 5.1% in the third quarter. Samalin Investment Counsel LLC now owns 8,699 shares of the exchange traded fund’s stock valued at $270,000 after acquiring an additional 425 shares during the last quarter. Finally, Ameriflex Group Inc. lifted its stake in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 440 shares during the last quarter. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Down 2.3%

NYSEARCA EWZ opened at $35.89 on Wednesday. The stock has a market capitalization of $10.47 billion, a PE ratio of 9.58 and a beta of 0.65. The company has a 50 day moving average price of $38.46 and a two-hundred day moving average price of $35.85. iShares MSCI Brazil ETF has a 12-month low of $26.30 and a 12-month high of $42.02.

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.