Matauro LLC Purchases 28,719 Shares of iShares MSCI Brazil ETF $EWZ

Matauro LLC boosted its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 55.9% in the 4th quarter, HoldingsChannel reports. The firm owned 80,100 shares of the exchange traded fund’s stock after acquiring an additional 28,719 shares during the period. Matauro LLC’s holdings in iShares MSCI Brazil ETF were worth $2,545,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of EWZ. Truxt Investmentos Ltda. acquired a new stake in iShares MSCI Brazil ETF during the 3rd quarter worth approximately $25,000. Ameriflex Group Inc. grew its holdings in iShares MSCI Brazil ETF by 100.0% in the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 440 shares in the last quarter. Aberdeen Wealth Management LLC acquired a new position in iShares MSCI Brazil ETF in the 2nd quarter valued at $29,000. Private Trust Co. NA increased its position in iShares MSCI Brazil ETF by 114.4% during the 3rd quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 572 shares during the period. Finally, Farther Finance Advisors LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 388.0% during the third quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 970 shares in the last quarter. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

Shares of iShares MSCI Brazil ETF stock opened at $38.37 on Thursday. The firm has a 50-day moving average of $37.52 and a 200-day moving average of $33.78. The stock has a market cap of $9.06 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 52-week low of $23.05 and a 52-week high of $39.69.

About iShares MSCI Brazil ETF

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.