iShares MSCI Brazil ETF $EWZ Stock Acquired by Lido Advisors LLC

Lido Advisors LLC lifted its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 19.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 151,492 shares of the exchange traded fund’s stock after buying an additional 25,030 shares during the quarter. Lido Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $5,643,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Bank of Nova Scotia increased its holdings in iShares MSCI Brazil ETF by 10,490.4% in the first quarter. Bank of Nova Scotia now owns 5,507,028 shares of the exchange traded fund’s stock valued at $211,416,000 after buying an additional 5,455,028 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in iShares MSCI Brazil ETF by 12,304.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock worth $119,760,000 after buying an additional 3,094,413 shares during the last quarter. Bessemer Group Inc. bought a new position in iShares MSCI Brazil ETF during the 1st quarter worth approximately $108,733,000. Temasek Holdings Private Ltd bought a new position in iShares MSCI Brazil ETF during the 1st quarter worth approximately $41,339,000. Finally, Absolute Gestao de Investimentos Ltda. grew its position in shares of iShares MSCI Brazil ETF by 585.9% in the 1st quarter. Absolute Gestao de Investimentos Ltda. now owns 939,581 shares of the exchange traded fund’s stock worth $36,071,000 after acquiring an additional 802,594 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Trading Down 2.0%

Shares of NYSEARCA EWZ opened at $31.78 on Friday. iShares MSCI Brazil ETF has a twelve month low of $30.72 and a twelve month high of $43.90. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of 9.79 and a beta of 0.66. The business has a 50 day simple moving average of $37.71 and a 200-day simple moving average of $37.03.

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.