Ashton Thomas Private Wealth LLC Takes Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Ashton Thomas Private Wealth LLC acquired a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,309 shares of the exchange traded fund’s stock, valued at approximately $36,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its holdings in iShares MSCI Brazil ETF by 6.7% in the first quarter. Brookstone Capital Management now owns 18,947 shares of the exchange traded fund’s stock valued at $614,000 after purchasing an additional 1,194 shares during the last quarter. Stifel Financial Corp raised its position in shares of iShares MSCI Brazil ETF by 6.4% in the fourth quarter. Stifel Financial Corp now owns 132,825 shares of the exchange traded fund’s stock worth $4,644,000 after acquiring an additional 8,027 shares during the period. Connectus Wealth LLC acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth about $455,000. Gladstone Institutional Advisory LLC acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth about $214,000. Finally, New Harbor Financial Group LLC raised its position in shares of iShares MSCI Brazil ETF by 1.5% in the first quarter. New Harbor Financial Group LLC now owns 628,056 shares of the exchange traded fund’s stock worth $20,362,000 after acquiring an additional 9,189 shares during the period.

iShares MSCI Brazil ETF Stock Performance

Shares of iShares MSCI Brazil ETF stock opened at $30.00 on Tuesday. The firm has a 50-day simple moving average of $29.05 and a two-hundred day simple moving average of $30.12. The company has a market cap of $4.71 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a fifty-two week low of $26.23 and a fifty-two week high of $35.74.

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).