iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Trading Down 1% – What’s Next?

Shares of iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) traded down 1% during trading on Tuesday . The company traded as low as $13.02 and last traded at $13.08. 76,859 shares traded hands during mid-day trading, a decline of 83% from the average daily volume of 459,187 shares. The stock had previously closed at $13.21.

iShares MSCI Brazil Small-Cap ETF Stock Down 1.0%

The stock has a market cap of $232.17 million, a P/E ratio of 10.78 and a beta of 0.75. The company’s 50 day moving average price is $13.20 and its two-hundred day moving average price is $14.23.

iShares MSCI Brazil Small-Cap ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were issued a dividend of $0.1385 per share. The ex-dividend date was Monday, June 15th.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EWZS. Jane Street Group LLC boosted its position in iShares MSCI Brazil Small-Cap ETF by 113.9% during the 4th quarter. Jane Street Group LLC now owns 468,095 shares of the company’s stock valued at $6,053,000 after acquiring an additional 249,261 shares in the last quarter. Sankala Group LLC acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the fourth quarter valued at about $1,182,000. Bank of America Corp DE raised its stake in iShares MSCI Brazil Small-Cap ETF by 556.6% in the 3rd quarter. Bank of America Corp DE now owns 94,767 shares of the company’s stock worth $1,317,000 after acquiring an additional 80,333 shares during the last quarter. Bank of Nova Scotia raised its position in iShares MSCI Brazil Small-Cap ETF by 112.3% during the 4th quarter. Bank of Nova Scotia now owns 123,832 shares of the company’s stock worth $1,613,000 after buying an additional 65,500 shares during the last quarter. Finally, Ameriprise Financial Inc. acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at about $719,000.

iShares MSCI Brazil Small-Cap ETF Company Profile

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.