Black Swift Group LLC Increases Stock Holdings in iShares MSCI Brazil ETF $EWZ

Black Swift Group LLC increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 17.4% in the 3rd quarter, Holdings Channel.com reports. The firm owned 362,435 shares of the exchange traded fund’s stock after acquiring an additional 53,590 shares during the quarter. iShares MSCI Brazil ETF makes up 2.0% of Black Swift Group LLC’s portfolio, making the stock its 12th biggest holding. Black Swift Group LLC’s holdings in iShares MSCI Brazil ETF were worth $11,235,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Belvedere Trading LLC acquired a new stake in iShares MSCI Brazil ETF during the third quarter worth $537,000. Sumitomo Mitsui Trust Group Inc. raised its position in iShares MSCI Brazil ETF by 95.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 63,870 shares of the exchange traded fund’s stock valued at $1,980,000 after purchasing an additional 31,200 shares during the period. Osaic Holdings Inc. lifted its stake in shares of iShares MSCI Brazil ETF by 298.7% in the 2nd quarter. Osaic Holdings Inc. now owns 72,457 shares of the exchange traded fund’s stock valued at $2,091,000 after purchasing an additional 54,284 shares during the last quarter. Armstrong Advisory Group Inc. lifted its stake in shares of iShares MSCI Brazil ETF by 1.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,260,232 shares of the exchange traded fund’s stock valued at $39,067,000 after purchasing an additional 18,377 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI Brazil ETF by 71.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,110,619 shares of the exchange traded fund’s stock worth $65,429,000 after purchasing an additional 879,500 shares during the period. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Trading Down 0.2%

Shares of NYSEARCA:EWZ opened at $36.28 on Friday. The business has a 50-day moving average price of $36.07 and a 200 day moving average price of $32.81. The company has a market capitalization of $8.56 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 12-month low of $23.05 and a 12-month high of $39.69.

iShares MSCI Brazil ETF 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). 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.