SPX Gestao de Recursos Ltda Takes $1.63 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

SPX Gestao de Recursos Ltda bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 59,790 shares of the exchange traded fund’s stock, valued at approximately $1,634,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EWZ. Hsbc Holdings PLC increased its stake in shares of iShares MSCI Brazil ETF by 23.0% during the fourth quarter. Hsbc Holdings PLC now owns 253,550 shares of the exchange traded fund’s stock worth $8,869,000 after acquiring an additional 47,465 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of iShares MSCI Brazil ETF by 12,651.5% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 25,503 shares of the exchange traded fund’s stock worth $892,000 after acquiring an additional 25,303 shares during the period. Stifel Financial Corp grew its position in iShares MSCI Brazil ETF by 6.4% during the fourth quarter. Stifel Financial Corp now owns 132,825 shares of the exchange traded fund’s stock worth $4,644,000 after buying an additional 8,027 shares during the period. Scotia Capital Inc. acquired a new position in iShares MSCI Brazil ETF during the fourth quarter worth about $280,000. Finally, Morningstar Investment Services LLC grew its position in iShares MSCI Brazil ETF by 97.0% during the fourth quarter. Morningstar Investment Services LLC now owns 1,565,860 shares of the exchange traded fund’s stock worth $54,977,000 after buying an additional 771,053 shares during the period.

iShares MSCI Brazil ETF Trading Down 0.8 %

Shares of EWZ opened at $29.49 on Tuesday. The firm’s 50-day moving average is $29.26 and its two-hundred day moving average is $29.88. iShares MSCI Brazil ETF has a twelve month low of $26.23 and a twelve month high of $35.74. The firm has a market capitalization of $4.63 billion, a P/E ratio of 5.65 and a beta of 0.93.

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).