iShares MSCI Brazil ETF $EWZ Position Lifted by Armstrong Advisory Group Inc.

Armstrong Advisory Group Inc. increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 1.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,260,232 shares of the exchange traded fund’s stock after acquiring an additional 18,377 shares during the quarter. iShares MSCI Brazil ETF makes up about 2.8% of Armstrong Advisory Group Inc.’s portfolio, making the stock its 9th biggest holding. Armstrong Advisory Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $39,067,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aberdeen Wealth Management LLC acquired a new position in iShares MSCI Brazil ETF in the second quarter valued at approximately $29,000. First Horizon Advisors Inc. increased its position in shares of iShares MSCI Brazil ETF by 143.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock worth $38,000 after purchasing an additional 775 shares during the last quarter. NewEdge Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. Parallel Advisors LLC lifted its position in iShares MSCI Brazil ETF by 60.0% in the second quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 660 shares during the last quarter. Finally, Harbour Investments Inc. lifted its position in iShares MSCI Brazil ETF by 92.0% in the second quarter. Harbour Investments Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 855 shares during the last quarter. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ opened at $31.00 on Thursday. The firm has a 50-day simple moving average of $31.86 and a two-hundred day simple moving average of $29.73. The stock has a market cap of $5.99 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 1-year low of $22.26 and a 1-year high of $34.80.

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).