Itau Unibanco Holding S.A. Buys 20,595 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Itau Unibanco Holding S.A. increased its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 13.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 168,419 shares of the exchange traded fund’s stock after purchasing an additional 20,595 shares during the quarter. Itau Unibanco Holding S.A. owned 0.11% of iShares MSCI Brazil ETF worth $4,603,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC purchased a new stake in iShares MSCI Brazil ETF in the 2nd quarter worth about $36,000. International Assets Investment Management LLC purchased a new stake in shares of iShares MSCI Brazil ETF in the second quarter worth approximately $61,000. CWM LLC lifted its stake in shares of iShares MSCI Brazil ETF by 288.6% during the 1st 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 last quarter. Hollencrest Capital Management purchased a new position in iShares MSCI Brazil ETF during the 2nd quarter valued at $102,000. Finally, V Square Quantitative Management LLC purchased a new position in iShares MSCI Brazil ETF during the 2nd quarter valued at $153,000.

iShares MSCI Brazil ETF Stock Down 3.1 %

EWZ stock opened at $29.19 on Friday. 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 cap of $4.58 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. The business’s fifty day simple moving average is $29.15 and its two-hundred day simple moving average is $30.03.

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).