Korea Investment CORP Has $39.11 Million Holdings in iShares MSCI Brazil ETF $EWZ

Korea Investment CORP lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 19.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,261,674 shares of the exchange traded fund’s stock after purchasing an additional 209,674 shares during the quarter. Korea Investment CORP owned 0.65% of iShares MSCI Brazil ETF worth $39,112,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EWZ. Belvedere Trading LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the third quarter valued at about $537,000. Sumitomo Mitsui Trust Group Inc. boosted its position in iShares MSCI Brazil ETF by 95.5% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 63,870 shares of the exchange traded fund’s stock valued at $1,980,000 after purchasing an additional 31,200 shares during the last quarter. Osaic Holdings Inc. grew its stake in iShares MSCI Brazil ETF by 298.7% in the second quarter. Osaic Holdings Inc. now owns 72,457 shares of the exchange traded fund’s stock valued at $2,091,000 after purchasing an additional 54,284 shares in the last quarter. Armstrong Advisory Group Inc. grew its stake in iShares MSCI Brazil ETF by 1.5% in the third quarter. Armstrong Advisory Group Inc. now owns 1,260,232 shares of the exchange traded fund’s stock valued at $39,067,000 after purchasing an additional 18,377 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its position in shares of iShares MSCI Brazil ETF by 71.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,110,619 shares of the exchange traded fund’s stock worth $65,429,000 after purchasing an additional 879,500 shares during the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Up 2.3%

Shares of iShares MSCI Brazil ETF stock opened at $37.10 on Tuesday. iShares MSCI Brazil ETF has a 12-month low of $23.05 and a 12-month high of $39.69. The stock has a market cap of $8.76 billion, a P/E ratio of 9.58 and a beta of 0.87. The business’s 50 day moving average is $36.19 and its 200-day moving average is $32.92.

About iShares MSCI Brazil ETF

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.