Cibc World Market Inc. Buys 16,765 Shares of iShares MSCI Brazil ETF $EWZ

Cibc World Market Inc. increased its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 17.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 114,970 shares of the exchange traded fund’s stock after buying an additional 16,765 shares during the quarter. Cibc World Market Inc.’s holdings in iShares MSCI Brazil ETF were worth $3,653,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of EWZ. Ameriflex Group Inc. lifted its position in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 440 shares during the last quarter. NewEdge Advisors LLC lifted its position in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 1,500 shares during the last quarter. Kapitalo Investimentos Ltda lifted its position in iShares MSCI Brazil ETF by 462.5% in the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 740,000 shares during the last quarter. Triumph Capital Management bought a new stake in iShares MSCI Brazil ETF in the third quarter worth $90,000. Finally, Krilogy Financial LLC bought a new stake in iShares MSCI Brazil ETF in the fourth quarter worth $183,000. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Stock Down 0.9%

Shares of EWZ opened at $33.69 on Tuesday. The company has a market cap of $9.83 billion, a PE ratio of 9.58 and a beta of 0.61. The business has a fifty day moving average of $38.20 and a 200 day moving average of $36.18. iShares MSCI Brazil ETF has a 52-week low of $26.30 and a 52-week high of $42.02.

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.