SG Americas Securities LLC Boosts Holdings in iShares MSCI Brazil ETF $EWZ

SG Americas Securities LLC increased its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 197.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,080,140 shares of the exchange traded fund’s stock after acquiring an additional 717,059 shares during the quarter. SG Americas Securities LLC owned about 0.58% of iShares MSCI Brazil ETF worth $31,162,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the stock. Goldman Sachs Group Inc. increased its position in shares of iShares MSCI Brazil ETF by 64.6% during the first quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock worth $545,013,000 after purchasing an additional 8,271,979 shares in the last quarter. New Vernon Capital Holdings II LLC acquired a new position in iShares MSCI Brazil ETF during the first quarter worth approximately $156,653,000. Phoenix Financial Ltd. lifted its stake in 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 during the last quarter. Wellington Management Group LLP lifted its stake in 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 during the last quarter. Finally, Armstrong Advisory Group Inc. acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $35,828,000. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Trading Up 0.6%

Shares of EWZ opened at $33.18 on Friday. The firm has a market cap of $6.41 billion, a PE ratio of 9.58 and a beta of 0.87. The company’s 50 day simple moving average is $30.73 and its 200-day simple moving average is $28.85. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $33.62.

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).