iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Trading Up 0.3% – Should You Buy?

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) shares rose 0.3% during mid-day trading on Wednesday . The stock traded as high as $11.93 and last traded at $11.88. Approximately 1,248,264 shares were traded during trading, an increase of 222% from the average daily volume of 387,654 shares. The stock had previously closed at $11.85.

iShares MSCI Brazil Small-Cap ETF Stock Up 0.3 %

The business has a fifty day moving average of $12.46 and a 200 day moving average of $12.62. The firm has a market cap of $146.72 million, a P/E ratio of 9.09 and a beta of 1.10.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

Several hedge funds and other institutional investors have recently modified their holdings of EWZS. Heartwood Wealth Advisors LLC grew its stake in shares of iShares MSCI Brazil Small-Cap ETF by 12.0% in the third quarter. Heartwood Wealth Advisors LLC now owns 30,407 shares of the company’s stock worth $383,000 after purchasing an additional 3,255 shares during the last quarter. Quadrature Capital Ltd bought a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 1st quarter valued at about $760,000. RPg Family Wealth Advisory LLC increased its stake in shares of iShares MSCI Brazil Small-Cap ETF by 5.0% in the second quarter. RPg Family Wealth Advisory LLC now owns 110,444 shares of the company’s stock valued at $1,297,000 after buying an additional 5,238 shares during the period. Finally, Jane Street Group LLC raised its position in shares of iShares MSCI Brazil Small-Cap ETF by 4.4% during the first quarter. Jane Street Group LLC now owns 332,111 shares of the company’s stock worth $4,829,000 after acquiring an additional 14,124 shares during the last quarter.

iShares MSCI Brazil Small-Cap ETF Company Profile

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.