134,593 Shares in iShares MSCI Brazil ETF $EWZ Acquired by Flax Pond Capital LLC

Flax Pond Capital LLC bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 134,593 shares of the exchange traded fund’s stock, valued at approximately $4,276,000. iShares MSCI Brazil ETF makes up approximately 3.2% of Flax Pond Capital LLC’s investment portfolio, making the stock its 9th biggest position. Flax Pond Capital LLC owned about 0.06% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ameriflex Group Inc. grew its position in shares of iShares MSCI Brazil ETF by 100.0% during the 3rd 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 period. NewEdge Advisors LLC lifted its position in shares of iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 1,500 shares during the period. Parallel Advisors LLC lifted its position in shares of iShares MSCI Brazil ETF by 16.7% during the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 293 shares during the period. Kapitalo Investimentos Ltda lifted its position in shares of iShares MSCI Brazil ETF by 462.5% during the 4th quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 740,000 shares during the period. Finally, Triumph Capital Management bought a new position in iShares MSCI Brazil ETF during the third quarter worth $90,000. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $33.73 on Friday. The stock has a market capitalization of $9.84 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. The firm has a fifty day simple moving average of $37.50 and a two-hundred day simple moving average of $36.26. iShares MSCI Brazil ETF has a 12 month low of $26.30 and a 12 month high of $42.02.

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.