Bessemer Group Inc. Acquires Shares of 2,832,322 iShares MSCI Brazil ETF $EWZ

Bessemer Group Inc. bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 2,832,322 shares of the exchange traded fund’s stock, valued at approximately $108,733,000. Bessemer Group Inc. owned approximately 0.97% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares MSCI Brazil ETF by 12,304.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock valued at $119,760,000 after purchasing an additional 3,094,413 shares during the last quarter. SG Americas Securities LLC grew its holdings in iShares MSCI Brazil ETF by 645.6% during the 1st quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock worth $89,996,000 after acquiring an additional 2,029,838 shares during the period. MKP Capital Management L.L.C. grew its holdings in iShares MSCI Brazil ETF by 3.0% during the 4th quarter. MKP Capital Management L.L.C. now owns 2,286,900 shares of the exchange traded fund’s stock worth $72,655,000 after acquiring an additional 66,900 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. raised its position in shares of iShares MSCI Brazil ETF by 19.2% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,218,204 shares of the exchange traded fund’s stock valued at $70,457,000 after acquiring an additional 357,853 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position 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 valued at $65,429,000 after acquiring an additional 879,500 shares during the last quarter. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Stock Down 0.3%

EWZ stock opened at $35.23 on Friday. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02. The company has a market cap of $8.92 billion, a P/E ratio of 9.58 and a beta of 0.61. The business’s fifty day moving average is $35.27 and its 200-day moving average is $36.58.

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.