Innealta Capital LLC Acquires New Shares in iShares MSCI Brazil ETF $EWZ

Innealta Capital LLC purchased a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 10,203 shares of the exchange traded fund’s stock, valued at approximately $294,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its holdings in iShares MSCI Brazil ETF by 64.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock valued at $545,013,000 after purchasing an additional 8,271,979 shares during the last quarter. New Vernon Capital Holdings II LLC purchased a new position in shares of iShares MSCI Brazil ETF during the first quarter worth $156,653,000. Phoenix Financial Ltd. grew its stake in shares of iShares MSCI Brazil ETF by 276.2% in the second quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock valued at $190,670,000 after buying an additional 4,852,250 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of iShares MSCI Brazil ETF by 4,795.3% in the first quarter. Wellington Management Group LLP now owns 1,950,002 shares of the exchange traded fund’s stock valued at $50,408,000 after buying an additional 1,991,533 shares in the last quarter. Finally, Armstrong Advisory Group Inc. purchased a new stake in shares of iShares MSCI Brazil ETF in the 2nd quarter valued at $35,828,000. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Price Performance

NYSEARCA EWZ opened at $32.04 on Friday. The company has a market cap of $6.19 billion, a P/E ratio of 9.58 and a beta of 0.87. The stock has a 50-day moving average of $30.28 and a two-hundred day moving average of $28.58. iShares MSCI Brazil ETF has a 1-year low of $22.26 and a 1-year high of $32.36.

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).