iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Shares Down 2% – Here’s Why

Shares of iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZSGet Free Report) dropped 2% during mid-day trading on Monday . The company traded as low as $13.31 and last traded at $13.35. Approximately 350,005 shares were traded during trading, a decline of 30% from the average daily volume of 502,162 shares. The stock had previously closed at $13.62.

iShares MSCI Brazil Small-Cap ETF Stock Down 2.0%

The company has a market capitalization of $236.96 million, a price-to-earnings ratio of 10.78 and a beta of 0.75. The company has a 50 day simple moving average of $13.62 and a 200 day simple moving average of $14.24.

iShares MSCI Brazil Small-Cap ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Stockholders of record on Monday, June 15th were issued a dividend of $0.1385 per share. The ex-dividend date was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI Brazil Small-Cap ETF

Several large investors have recently made changes to their positions in the business. Sankala Group LLC acquired a new stake in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at $1,182,000. RPg Family Wealth Advisory LLC raised its position in shares of iShares MSCI Brazil Small-Cap ETF by 6.2% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 178,515 shares of the company’s stock valued at $2,324,000 after purchasing an additional 10,459 shares in the last quarter. Wealthfront Advisers LLC bought a new position in shares of iShares MSCI Brazil Small-Cap ETF during the fourth quarter worth about $145,000. Triumph Capital Management acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the 3rd quarter valued at approximately $25,000. Finally, Bank of Nova Scotia lifted its holdings in iShares MSCI Brazil Small-Cap ETF by 12.1% in the first quarter. Bank of Nova Scotia now owns 138,832 shares of the company’s stock worth $2,056,000 after acquiring an additional 15,000 shares during the last quarter.

iShares MSCI Brazil Small-Cap ETF Company Profile

(Get Free Report)

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.

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