HighTower Advisors LLC Grows Stock Holdings in iShares MSCI Brazil ETF $EWZ

HighTower Advisors LLC boosted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 92.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,164 shares of the exchange traded fund’s stock after acquiring an additional 45,742 shares during the period. HighTower Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $3,023,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. lifted its position in iShares MSCI Brazil ETF by 1.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,276,599 shares of the exchange traded fund’s stock valued at $40,558,000 after acquiring an additional 16,367 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares MSCI Brazil ETF by 71.4% in the third 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. Quinn Opportunity Partners LLC lifted its position in iShares MSCI Brazil ETF by 175.0% in the third quarter. Quinn Opportunity Partners LLC now owns 220,000 shares of the exchange traded fund’s stock valued at $6,820,000 after acquiring an additional 140,000 shares during the last quarter. Black Swift Group LLC lifted its position in iShares MSCI Brazil ETF by 17.4% in the third quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock valued at $11,235,000 after acquiring an additional 53,590 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in iShares MSCI Brazil ETF by 410.8% in the third quarter. Thrivent Financial for Lutherans now owns 47,819 shares of the exchange traded fund’s stock valued at $1,482,000 after acquiring an additional 38,458 shares during the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ opened at $35.91 on Friday. iShares MSCI Brazil ETF has a 1-year low of $26.30 and a 1-year high of $42.02. The stock has a market cap of $10.48 billion, a PE ratio of 9.58 and a beta of 0.65. The firm has a fifty day moving average price of $38.42 and a 200 day moving average price of $36.09.

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.