iShares MSCI Brazil ETF (NYSEARCA:EWZ – Get Free Report) was the target of unusually large options trading on Friday. Traders bought 866,959 call options on the company. This is an increase of approximately 520% compared to the typical volume of 139,917 call options.
Institutional Investors Weigh In On iShares MSCI Brazil ETF
A number of large investors have recently added to or reduced their stakes in EWZ. DV Trading LLC bought a new position in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $2,082,000. Western Wealth Management LLC purchased a new position in shares of iShares MSCI Brazil ETF in the first quarter worth approximately $236,000. Flax Pond Capital LLC grew its position in iShares MSCI Brazil ETF by 0.9% during the first quarter. Flax Pond Capital LLC now owns 135,793 shares of the exchange traded fund’s stock valued at $5,213,000 after buying an additional 1,200 shares during the period. Hamilton Wealth LLC increased its holdings in iShares MSCI Brazil ETF by 126.9% during the first quarter. Hamilton Wealth LLC now owns 680,850 shares of the exchange traded fund’s stock valued at $26,138,000 after buying an additional 380,782 shares during the last quarter. Finally, Centaurus Financial Inc. bought a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $2,003,000. Institutional investors own 72.69% of the company’s stock.
iShares MSCI Brazil ETF Stock Performance
Shares of NYSEARCA:EWZ traded up $0.29 during midday trading on Friday, reaching $35.10. 31,512,998 shares of the company’s stock traded hands, compared to its average volume of 33,991,207. iShares MSCI Brazil ETF has a one year low of $26.30 and a one year high of $42.02. The company has a market cap of $10.24 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. The stock has a 50 day moving average of $37.95 and a 200 day moving average of $36.22.
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). 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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