Ashford Capital Management Inc. Invests $1.67 Million in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Ashford Capital Management Inc. acquired a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 74,384 shares of the exchange traded fund’s stock, valued at approximately $1,674,000.

A number of other institutional investors have also made changes to their positions in the business. GenTrust LLC increased its position in shares of iShares MSCI Brazil ETF by 5.6% during the 4th quarter. GenTrust LLC now owns 9,446 shares of the exchange traded fund’s stock worth $213,000 after purchasing an additional 500 shares during the last quarter. X Square Capital LLC grew its stake in shares of iShares MSCI Brazil ETF by 5.7% in the fourth quarter. X Square Capital LLC now owns 15,976 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 864 shares in the last quarter. V Square Quantitative Management LLC increased its holdings in iShares MSCI Brazil ETF by 19.7% during the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after buying an additional 1,094 shares during the last quarter. Retirement Planning Co of New England Inc. raised its position in iShares MSCI Brazil ETF by 17.5% during the fourth quarter. Retirement Planning Co of New England Inc. now owns 9,128 shares of the exchange traded fund’s stock worth $205,000 after acquiring an additional 1,357 shares in the last quarter. Finally, Rockefeller Capital Management L.P. lifted its stake in iShares MSCI Brazil ETF by 13.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 12,369 shares of the exchange traded fund’s stock valued at $278,000 after acquiring an additional 1,423 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA:EWZ opened at $28.18 on Tuesday. iShares MSCI Brazil ETF has a 52-week low of $22.26 and a 52-week high of $31.93. The company has a market capitalization of $4.18 billion, a P/E ratio of 10.20 and a beta of 0.90. The company has a 50-day simple moving average of $26.16 and a 200 day simple moving average of $25.43.

About iShares MSCI Brazil ETF

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).