International Assets Investment Management LLC Invests $61,000 in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

International Assets Investment Management LLC bought a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,234 shares of the exchange traded fund’s stock, valued at approximately $61,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Retirement Planning Co of New England Inc. boosted its position in shares of iShares MSCI Brazil ETF by 5.5% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 6,774 shares of the exchange traded fund’s stock valued at $220,000 after purchasing an additional 355 shares during the period. CWM LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 17.2% in the second quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 412 shares during the period. Picton Mahoney Asset Management increased its position in shares of iShares MSCI Brazil ETF by 1.1% in the first quarter. Picton Mahoney Asset Management now owns 62,092 shares of the exchange traded fund’s stock worth $2,013,000 after acquiring an additional 670 shares in the last quarter. Weil Company Inc. raised its holdings in shares of iShares MSCI Brazil ETF by 1.3% during the fourth quarter. Weil Company Inc. now owns 60,190 shares of the exchange traded fund’s stock valued at $2,104,000 after acquiring an additional 753 shares during the period. Finally, Leavell Investment Management Inc. lifted its position in shares of iShares MSCI Brazil ETF by 11.7% in the 1st quarter. Leavell Investment Management Inc. now owns 8,227 shares of the exchange traded fund’s stock valued at $267,000 after acquiring an additional 862 shares in the last quarter.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $29.58 on Thursday. The company has a 50 day moving average price of $28.80 and a 200 day moving average price of $30.34. iShares MSCI Brazil ETF has a 52 week low of $26.23 and a 52 week high of $35.74. The firm has a market capitalization of $4.65 billion, a price-to-earnings 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).