DV Trading LLC Makes New Investment in iShares MSCI Brazil ETF $EWZ

DV Trading LLC bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the first quarter, HoldingsChannel reports. The institutional investor bought 54,228 shares of the exchange traded fund’s stock, valued at approximately $2,082,000.

A number of other institutional investors have also modified their holdings of EWZ. NewEdge Advisors LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares during the period. Parallel Advisors LLC increased its holdings in iShares MSCI Brazil ETF by 16.7% during the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 293 shares during the period. Kapitalo Investimentos Ltda raised its position in iShares MSCI Brazil ETF by 462.5% during the 4th quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock valued at $72,000 after purchasing an additional 740,000 shares in the last quarter. Triumph Capital Management bought a new stake in iShares MSCI Brazil ETF during the 3rd quarter valued at $90,000. Finally, Waterford Advisors LLC purchased a new stake in shares of iShares MSCI Brazil ETF in the 4th quarter worth $117,000. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Trading Up 0.3%

EWZ opened at $36.65 on Friday. iShares MSCI Brazil ETF has a 12-month low of $26.39 and a 12-month high of $42.02. The business’s fifty day simple moving average is $35.08 and its 200-day simple moving average is $36.83. The company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61.

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). 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.