Hsbc Holdings PLC Raises Holdings in iShares MSCI Brazil ETF $EWZ

Hsbc Holdings PLC boosted its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 112.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 129,523 shares of the exchange traded fund’s stock after acquiring an additional 68,470 shares during the quarter. Hsbc Holdings PLC owned 0.05% of iShares MSCI Brazil ETF worth $4,122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. lifted its stake in shares of iShares MSCI Brazil ETF by 1.3% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,276,599 shares of the exchange traded fund’s stock valued at $40,558,000 after purchasing an additional 16,367 shares in the last quarter. Quinn Opportunity Partners LLC increased its position in iShares MSCI Brazil ETF by 175.0% during the 3rd quarter. Quinn Opportunity Partners LLC now owns 220,000 shares of the exchange traded fund’s stock worth $6,820,000 after purchasing an additional 140,000 shares in the last quarter. Black Swift Group LLC increased its position in iShares MSCI Brazil ETF by 17.4% during the 3rd quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock worth $11,235,000 after purchasing an additional 53,590 shares in the last quarter. Matauro LLC increased its position in iShares MSCI Brazil ETF by 55.9% during the 4th quarter. Matauro LLC now owns 80,100 shares of the exchange traded fund’s stock worth $2,545,000 after purchasing an additional 28,719 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its holdings in iShares MSCI Brazil ETF by 586.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 328,458 shares of the exchange traded fund’s stock valued at $10,486,000 after buying an additional 280,639 shares during the period. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $34.67 on Friday. The firm has a market capitalization of $10.12 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a one year low of $26.30 and a one year high of $42.02. The company’s 50 day moving average price is $36.79 and its 200 day moving average price is $36.27.

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.