Gladstone Institutional Advisory LLC Makes New Investment in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Gladstone Institutional Advisory LLC bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, HoldingsChannel reports. The firm bought 6,109 shares of the exchange traded fund’s stock, valued at approximately $214,000.

Several other institutional investors have also modified their holdings of EWZ. KB Financial Partners LLC purchased a new position in iShares MSCI Brazil ETF during the third quarter worth about $31,000. Bank Julius Baer & Co. Ltd Zurich acquired a new position in iShares MSCI Brazil ETF during the 4th quarter worth approximately $54,000. Allworth Financial LP acquired a new position in iShares MSCI Brazil ETF during the 4th quarter worth approximately $83,000. Blair William & Co. IL grew its holdings in iShares MSCI Brazil ETF by 94.8% during the 3rd quarter. Blair William & Co. IL now owns 3,250 shares of the exchange traded fund’s stock worth $100,000 after acquiring an additional 1,582 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new position in shares of iShares MSCI Brazil ETF in the 4th quarter valued at $167,000.

iShares MSCI Brazil ETF Price Performance

Shares of iShares MSCI Brazil ETF stock traded down $0.21 during trading hours on Friday, hitting $30.43. The company had a trading volume of 19,937,500 shares, compared to its average volume of 20,880,648. The company’s 50-day moving average is $31.68 and its two-hundred day moving average is $32.89. iShares MSCI Brazil ETF has a twelve month low of $28.42 and a twelve month high of $35.74. The company has a market cap of $4.78 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).