Bleakley Financial Group LLC Grows Position in iShares MSCI Brazil ETF $EWZ

Bleakley Financial Group LLC lifted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 37.7% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 69,432 shares of the exchange traded fund’s stock after purchasing an additional 19,015 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares MSCI Brazil ETF were worth $2,152,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in EWZ. Truxt Investmentos Ltda. purchased a new stake in iShares MSCI Brazil ETF in the 3rd quarter worth approximately $25,000. Aberdeen Wealth Management LLC bought a new position in shares of iShares MSCI Brazil ETF in the second quarter worth approximately $29,000. Private Trust Co. NA increased its stake in shares of iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after purchasing an additional 572 shares in the last quarter. First Horizon Advisors Inc. raised 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 valued at $38,000 after purchasing an additional 775 shares during the period. Finally, Farther Finance Advisors LLC lifted its stake in shares of iShares MSCI Brazil ETF by 388.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 970 shares in the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Performance

Shares of iShares MSCI Brazil ETF stock opened at $38.77 on Tuesday. iShares MSCI Brazil ETF has a fifty-two week low of $23.05 and a fifty-two week high of $39.65. The company has a market capitalization of $9.15 billion, a P/E ratio of 9.58 and a beta of 0.87. The company has a fifty day moving average of $34.87 and a 200 day moving average of $32.21.

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.