Brookstone Capital Management Buys 1,194 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Brookstone Capital Management grew its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 6.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,947 shares of the exchange traded fund’s stock after purchasing an additional 1,194 shares during the quarter. Brookstone Capital Management’s holdings in iShares MSCI Brazil ETF were worth $614,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EWZ. KB Financial Partners LLC bought a new position in shares of iShares MSCI Brazil ETF in the third quarter valued at about $31,000. Bank Julius Baer & Co. Ltd Zurich bought a new position in iShares MSCI Brazil ETF during the fourth quarter worth about $54,000. CWM LLC increased its position in iShares MSCI Brazil ETF by 288.6% during the first quarter. CWM LLC now owns 2,390 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 1,775 shares during the period. Allworth Financial LP bought a new position in iShares MSCI Brazil ETF during the fourth quarter worth about $83,000. Finally, FNY Investment Advisers LLC bought a new position in iShares MSCI Brazil ETF during the fourth quarter worth about $167,000.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $27.33 on Monday. iShares MSCI Brazil ETF has a 52 week low of $26.83 and a 52 week high of $35.74. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. The firm’s 50-day simple moving average is $29.94 and its 200 day simple moving average is $31.98.

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).