Nan Fung Trinity HK Ltd. Makes New $24.44 Million Investment in iShares MSCI Brazil ETF $EWZ

Nan Fung Trinity HK Ltd. bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 847,100 shares of the exchange traded fund’s stock, valued at approximately $24,439,000. iShares MSCI Brazil ETF comprises about 2.9% of Nan Fung Trinity HK Ltd.’s investment portfolio, making the stock its 9th largest position.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SBI Securities Co. Ltd. lifted its holdings in iShares MSCI Brazil ETF by 48.9% during the 2nd quarter. SBI Securities Co. Ltd. now owns 44,604 shares of the exchange traded fund’s stock worth $1,287,000 after buying an additional 14,654 shares in the last quarter. Nwam LLC acquired a new position in shares of iShares MSCI Brazil ETF in the 2nd quarter valued at $661,000. Innealta Capital LLC acquired a new position in iShares MSCI Brazil ETF in the second quarter valued at $294,000. North Capital Inc. grew its stake in iShares MSCI Brazil ETF by 100.0% during the 2nd quarter. North Capital Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 1,000 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its position in shares of iShares MSCI Brazil ETF by 22.8% during the second quarter. Pekin Hardy Strauss Inc. now owns 338,435 shares of the exchange traded fund’s stock worth $9,764,000 after acquiring an additional 62,879 shares during the last quarter. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA:EWZ opened at $33.49 on Wednesday. iShares MSCI Brazil ETF has a one year low of $22.26 and a one year high of $33.62. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. The company has a 50-day simple moving average of $30.49 and a 200-day simple moving average of $28.75.

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).