iShares MSCI Brazil ETF (EWZ) Shares Gap Down to $38.97

iShares MSCI Brazil ETF (NYSEARCA:EWZ) shares gapped down before the market opened on Wednesday . The stock had previously closed at $39.99, but opened at $38.97. iShares MSCI Brazil ETF shares last traded at $38.44, with a volume of 21070717 shares changing hands.

Several hedge funds and other institutional investors have recently bought and sold shares of EWZ. PFG Advisors acquired a new position in shares of iShares MSCI Brazil ETF during the fourth quarter worth $219,000. Regent Investment Management LLC bought a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth $751,000. NewSquare Capital LLC bought a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth $1,483,000. James Investment Research Inc. increased its stake in shares of iShares MSCI Brazil ETF by 276.9% in the fourth quarter. James Investment Research Inc. now owns 11,495 shares of the exchange traded fund’s stock worth $439,000 after buying an additional 8,445 shares during the last quarter. Finally, We Are One Seven LLC bought a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth $33,000.

COPYRIGHT VIOLATION WARNING: “iShares MSCI Brazil ETF (EWZ) Shares Gap Down to $38.97” was first published by The Lincolnian Online and is owned by of The Lincolnian Online. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.thelincolnianonline.com/2019/05/17/ishares-msci-brazil-etf-ewz-shares-gap-down-to-38-97.html.

About iShares MSCI Brazil ETF (NYSEARCA:EWZ)

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).

Further Reading: Terms to Better Understand Call Options

Receive News & Ratings for iShares MSCI Brazil ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Brazil ETF and related companies with MarketBeat.com's FREE daily email newsletter.