VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Down 1.3% – Should You Sell?

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) shares fell 1.3% during mid-day trading on Friday . The stock traded as low as $16.19 and last traded at $16.19. 1,698 shares changed hands during trading, a decline of 78% from the average session volume of 7,622 shares. The stock had previously closed at $16.40.

VanEck Brazil Small-Cap ETF Trading Down 1.3%

The firm has a market cap of $21.86 million, a price-to-earnings ratio of 9.69 and a beta of 0.78. The stock has a fifty day moving average price of $16.94 and a 200 day moving average price of $17.81.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC bought a new position in shares of VanEck Brazil Small-Cap ETF in the fourth quarter valued at approximately $170,000. Citadel Advisors LLC bought a new stake in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth $236,000. Susquehanna International Group LLP bought a new stake in shares of VanEck Brazil Small-Cap ETF during the 3rd quarter worth $258,000. Gould Asset Management LLC CA grew its stake in VanEck Brazil Small-Cap ETF by 4.7% in the 1st quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock valued at $405,000 after buying an additional 985 shares during the last quarter. Finally, LPL Financial LLC grew its stake in VanEck Brazil Small-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after buying an additional 2,200 shares during the last quarter.

About VanEck Brazil Small-Cap ETF

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.