Columbus Macro LLC bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) in the third quarter, HoldingsChannel.com reports. The fund bought 46,027 shares of the exchange traded fund’s stock, valued at approximately $1,715,000.
A number of other large investors also recently modified their holdings of EWZ. Continuum Advisory LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $25,000. XP Advisory US Inc. bought a new position in iShares MSCI Brazil ETF in the 2nd quarter worth approximately $33,000. Highland Investment Advisors LLC acquired a new position in iShares MSCI Brazil ETF during the 2nd quarter worth $46,000. Timbuktu Capital Management LLC acquired a new position in iShares MSCI Brazil ETF during the 2nd quarter worth $79,000. Finally, Polaris Financial Partners acquired a new position in iShares MSCI Brazil ETF during the 3rd quarter worth $90,000. 72.69% of the stock is currently owned by institutional investors and hedge funds.
iShares MSCI Brazil ETF Stock Performance
EWZ traded down $0.27 during mid-day trading on Wednesday, reaching $42.60. The stock had a trading volume of 59,270,414 shares, compared to its average volume of 30,766,105. The stock has a market capitalization of $12.34 billion, a P/E ratio of 9.58 and a beta of 0.57. The firm’s fifty day simple moving average is $37.34 and its two-hundred day simple moving average is $36.98. iShares MSCI Brazil ETF has a 52 week low of $29.07 and a 52 week high of $43.90.
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.
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Want to see what other hedge funds are holding EWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report).
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