Simplex Trading LLC bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 510,468 shares of the exchange traded fund’s stock, valued at approximately $19,015,000.
Several other institutional investors and hedge funds have also recently modified their holdings of the business. Polianta Ltd purchased a new position in shares of iShares MSCI Brazil ETF during the second quarter worth about $9,356,000. TD Waterhouse Canada Inc. raised its stake in iShares MSCI Brazil ETF by 204.7% in the second quarter. TD Waterhouse Canada Inc. now owns 96,022 shares of the exchange traded fund’s stock valued at $3,281,000 after purchasing an additional 64,506 shares in the last quarter. Wellington Management Group LLP raised its stake in iShares MSCI Brazil ETF by 45.7% in the second quarter. Wellington Management Group LLP now owns 1,797,317 shares of the exchange traded fund’s stock valued at $62,007,000 after purchasing an additional 564,165 shares in the last quarter. Nilsine Partners LLC raised its stake in iShares MSCI Brazil ETF by 9.5% in the second quarter. Nilsine Partners LLC now owns 228,895 shares of the exchange traded fund’s stock valued at $7,897,000 after purchasing an additional 19,835 shares in the last quarter. Finally, Empowered Funds LLC bought a new stake in iShares MSCI Brazil ETF during the first quarter valued at approximately $3,065,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.
iShares MSCI Brazil ETF Price Performance
Shares of iShares MSCI Brazil ETF stock opened at $32.61 on Tuesday. iShares MSCI Brazil ETF has a 1 year low of $30.72 and a 1 year high of $43.90. The firm has a market cap of $9.43 billion, a PE ratio of 9.58 and a beta of 0.66. The company has a 50 day simple moving average of $38.00 and a two-hundred day simple moving average of $37.09.
About iShares MSCI Brazil ETF
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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