Leavell Investment Management Inc. Purchases Shares of 7,086 iShares MSCI Brazil ETF $EWZ

Leavell Investment Management Inc. purchased a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 7,086 shares of the exchange traded fund’s stock, valued at approximately $204,000.

A number of other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. boosted its position in iShares MSCI Brazil ETF by 64.6% during the first quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock valued at $545,013,000 after acquiring an additional 8,271,979 shares during the last quarter. Phoenix Financial Ltd. boosted its position in shares of iShares MSCI Brazil ETF by 276.2% during the 2nd quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock worth $190,670,000 after purchasing an additional 4,852,250 shares in the last quarter. New Vernon Capital Holdings II LLC bought a new position in shares of iShares MSCI Brazil ETF during the 1st quarter worth about $156,653,000. Wellington Management Group LLP boosted its position in shares of iShares MSCI Brazil ETF by 4,795.3% during the 1st quarter. Wellington Management Group LLP now owns 1,950,002 shares of the exchange traded fund’s stock worth $50,408,000 after purchasing an additional 1,991,533 shares in the last quarter. Finally, Korea Investment CORP boosted its position in shares of iShares MSCI Brazil ETF by 19.7% during the 1st quarter. Korea Investment CORP now owns 1,272,530 shares of the exchange traded fund’s stock worth $32,895,000 after purchasing an additional 209,710 shares in the last quarter. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

EWZ stock opened at $30.77 on Tuesday. The stock has a market capitalization of $5.95 billion, a PE ratio of 9.58 and a beta of 0.87. The company’s 50-day moving average is $29.80 and its 200-day moving average is $28.24. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year high of $31.46.

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).