iShares MSCI Brazil Index (NYSE:EWZ) saw unusually large options trading on Thursday. Traders purchased 72,116 call options on the stock. This represents an increase of 262% compared to the average volume of 19,909 call options.

Shares of iShares MSCI Brazil Index (EWZ) opened at 38.00 on Friday. The firm’s 50-day moving average price is $36.37 and its 200 day moving average price is $36.80. iShares MSCI Brazil Index has a 12-month low of $31.04 and a 12-month high of $40.80.

Hedge funds have recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. boosted its position in iShares MSCI Brazil Index by 194.1% in the second quarter. PNC Financial Services Group Inc. now owns 3,356 shares of the exchange traded fund’s stock valued at $114,000 after buying an additional 2,215 shares in the last quarter. Vontobel Swiss Wealth Advisors AG acquired a new position in iShares MSCI Brazil Index during the second quarter valued at $207,000. D.A. Davidson & CO. boosted its position in iShares MSCI Brazil Index by 45.3% in the second quarter. D.A. Davidson & CO. now owns 6,348 shares of the exchange traded fund’s stock valued at $216,000 after buying an additional 1,978 shares in the last quarter. GenTrust LLC boosted its position in iShares MSCI Brazil Index by 16.7% in the second quarter. GenTrust LLC now owns 7,000 shares of the exchange traded fund’s stock valued at $239,000 after buying an additional 1,000 shares in the last quarter. Finally, Cambridge Advisors Inc. acquired a new position in iShares MSCI Brazil Index during the second quarter valued at $287,000.

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iShares MSCI Brazil Index 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).

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