Group One Trading LLC Raises Stock Holdings in iShares MSCI Brazil ETF $EWZ

Group One Trading LLC raised its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 88.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 572,376 shares of the exchange traded fund’s stock after buying an additional 269,261 shares during the quarter. Group One Trading LLC owned about 0.20% of iShares MSCI Brazil ETF worth $21,974,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. NewEdge Advisors LLC increased its stake 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 worth $44,000 after acquiring an additional 1,500 shares in the last quarter. Parallel Advisors LLC grew its holdings in iShares MSCI Brazil ETF by 16.7% in the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 293 shares during the period. Triumph Capital Management bought a new position in shares of iShares MSCI Brazil ETF during the third quarter valued at approximately $90,000. Waterford Advisors LLC bought a new position in shares of iShares MSCI Brazil ETF during the fourth quarter valued at approximately $117,000. Finally, Fifth Third Bancorp lifted its holdings in shares of iShares MSCI Brazil ETF by 7,504.0% during the first quarter. Fifth Third Bancorp now owns 3,802 shares of the exchange traded fund’s stock valued at $146,000 after purchasing an additional 3,752 shares during the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Up 2.8%

iShares MSCI Brazil ETF stock opened at $36.62 on Thursday. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02. The company has a market capitalization of $9.27 billion, a P/E ratio of 9.58 and a beta of 0.61. The stock’s 50 day moving average is $35.15 and its 200 day moving average is $36.70.

iShares MSCI Brazil ETF Company 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.