Hsbc Holdings PLC Has $4.12 Million Stake in iShares MSCI Brazil ETF $EWZ

Hsbc Holdings PLC raised its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 112.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 129,523 shares of the exchange traded fund’s stock after purchasing an additional 68,470 shares during the quarter. Hsbc Holdings PLC owned approximately 0.05% of iShares MSCI Brazil ETF worth $4,122,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Corient Private Wealth LLC bought a new stake in shares of iShares MSCI Brazil ETF during the fourth quarter worth $222,000. Flax Pond Capital LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter valued at $4,276,000. Waterford Advisors LLC bought a new position in shares of iShares MSCI Brazil ETF in the fourth quarter valued at about $117,000. Hamilton Wealth LLC raised its holdings in shares of iShares MSCI Brazil ETF by 4.5% in the fourth quarter. Hamilton Wealth LLC now owns 300,068 shares of the exchange traded fund’s stock valued at $9,533,000 after buying an additional 12,885 shares during the last quarter. Finally, First Growth Capital LLC bought a new position in shares of iShares MSCI Brazil ETF in the fourth quarter valued at about $445,000. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Up 1.6%

Shares of NYSEARCA EWZ opened at $34.96 on Friday. iShares MSCI Brazil ETF has a 12-month low of $26.30 and a 12-month high of $42.02. The firm’s 50-day simple moving average is $35.71 and its 200 day simple moving average is $36.44. The company has a market cap of $9.08 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61.

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.