Insigneo Advisory Services LLC Has $2.35 Million Position in iShares MSCI Brazil ETF $EWZ

Insigneo Advisory Services LLC boosted its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 39.4% in the third quarter, Holdings Channel.com reports. The fund owned 75,788 shares of the exchange traded fund’s stock after buying an additional 21,411 shares during the quarter. Insigneo Advisory Services LLC’s holdings in iShares MSCI Brazil ETF were worth $2,349,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada grew its stake in shares of iShares MSCI Brazil ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock worth $8,894,000 after purchasing an additional 52,532 shares during the period. NewEdge Advisors LLC raised its position in shares of iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 1,500 shares during the period. Envestnet Asset Management Inc. boosted its stake in iShares MSCI Brazil ETF by 42.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,010 shares of the exchange traded fund’s stock worth $346,000 after acquiring an additional 3,579 shares during the last quarter. Sigma Planning Corp grew its holdings in iShares MSCI Brazil ETF by 29.3% during the second quarter. Sigma Planning Corp now owns 22,209 shares of the exchange traded fund’s stock valued at $641,000 after purchasing an additional 5,035 shares during the period. Finally, Westside Investment Management Inc. increased its stake in iShares MSCI Brazil ETF by 30.5% in the second quarter. Westside Investment Management Inc. now owns 3,850 shares of the exchange traded fund’s stock valued at $111,000 after purchasing an additional 900 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

EWZ opened at $36.82 on Wednesday. The firm’s fifty day moving average is $35.77 and its two-hundred day moving average is $32.66. The firm has a market cap of $8.69 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a twelve month low of $23.05 and a twelve month high of $39.69.

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.