iShares MSCI Brazil ETF $EWZ Shares Bought by Nwam LLC

Nwam LLC raised its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 439.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 99,360 shares of the exchange traded fund’s stock after purchasing an additional 80,950 shares during the quarter. Nwam LLC’s holdings in iShares MSCI Brazil ETF were worth $3,814,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. NewEdge Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. Parallel Advisors LLC grew its stake in iShares MSCI Brazil ETF by 16.7% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 293 shares during the period. Kapitalo Investimentos Ltda grew its stake in iShares MSCI Brazil ETF by 462.5% during the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock worth $72,000 after buying an additional 740,000 shares during the period. Triumph Capital Management purchased a new stake in iShares MSCI Brazil ETF during the third quarter worth approximately $90,000. Finally, Waterford Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth $117,000. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Trading Up 1.8%

Shares of EWZ stock opened at $36.03 on Wednesday. The company’s fifty day simple moving average is $35.50 and its 200-day simple moving average is $36.53. iShares MSCI Brazil ETF has a 52 week low of $26.30 and a 52 week high of $42.02. The company has a market cap of $9.24 billion, a PE ratio of 9.58 and a beta of 0.61.

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.