iShares MSCI Brazil ETF $EWZ Shares Purchased by Hsbc Holdings PLC

Hsbc Holdings PLC raised its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 112.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,523 shares of the exchange traded fund’s stock after purchasing an additional 68,470 shares during the quarter. Hsbc Holdings PLC’s holdings in iShares MSCI Brazil ETF were worth $4,122,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MKP Capital Management L.L.C. purchased a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth about $68,820,000. FIL Ltd purchased a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter valued at about $65,840,000. Two Sigma Investments LP raised its holdings in shares of iShares MSCI Brazil ETF by 9,552.4% during the 3rd quarter. Two Sigma Investments LP now owns 1,585,218 shares of the exchange traded fund’s stock valued at $49,142,000 after buying an additional 1,568,795 shares during the period. Wellington Management Group LLP acquired a new position in iShares MSCI Brazil ETF during the 4th quarter worth approximately $48,228,000. Finally, OLD Mission Capital LLC lifted its position in iShares MSCI Brazil ETF by 316.5% during the 4th quarter. OLD Mission Capital LLC now owns 1,926,675 shares of the exchange traded fund’s stock worth $61,210,000 after acquiring an additional 1,464,112 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Up 1.4%

NYSEARCA EWZ opened at $34.67 on Friday. The stock has a market cap of $10.12 billion, a PE ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a fifty-two week low of $26.30 and a fifty-two week high of $42.02. The business has a 50 day moving average price of $36.79 and a two-hundred day moving average price of $36.27.

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.