Everstar Asset Management LLC bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 19,941 shares of the exchange traded fund’s stock, valued at approximately $766,000.
Other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. increased its position in shares of iShares MSCI Brazil ETF by 100.0% during the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 440 shares in the last quarter. NewEdge Advisors LLC lifted its position 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 acquiring an additional 1,500 shares in the last quarter. Parallel Advisors LLC boosted its stake in iShares MSCI Brazil ETF by 16.7% in the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 293 shares during the period. Kapitalo Investimentos Ltda lifted its holdings in shares of 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 valued at $72,000 after purchasing an additional 740,000 shares in the last quarter. Finally, Triumph Capital Management bought a new stake in shares of iShares MSCI Brazil ETF in the third quarter valued at about $90,000. Institutional investors own 72.69% of the company’s stock.
iShares MSCI Brazil ETF Price Performance
EWZ stock opened at $33.73 on Monday. The stock has a market capitalization of $9.84 billion, a P/E ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a fifty-two week low of $26.30 and a fifty-two week high of $42.02. The business has a 50-day moving average of $37.50 and a 200-day moving average of $36.28.
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.
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