iShares MSCI Brazil ETF $EWZ Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 586.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 328,458 shares of the exchange traded fund’s stock after purchasing an additional 280,639 shares during the period. Thrivent Financial for Lutherans owned about 0.14% of iShares MSCI Brazil ETF worth $10,486,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in EWZ. Armstrong Advisory Group Inc. increased its position in shares of iShares MSCI Brazil ETF by 1.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,276,599 shares of the exchange traded fund’s stock worth $40,558,000 after acquiring an additional 16,367 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Brazil ETF by 71.4% during the third 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 period. Black Swift Group LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 17.4% during the third quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock worth $11,235,000 after purchasing an additional 53,590 shares during the period. Quinn Opportunity Partners LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 175.0% during the third quarter. Quinn Opportunity Partners LLC now owns 220,000 shares of the exchange traded fund’s stock worth $6,820,000 after purchasing an additional 140,000 shares during the period. Finally, Cullen Capital Management LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the third quarter worth approximately $5,982,000. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

EWZ stock opened at $35.89 on Wednesday. The stock has a market cap of $10.47 billion, a P/E ratio of 9.58 and a beta of 0.65. The firm has a 50 day simple moving average of $38.46 and a 200 day simple moving average of $35.85. iShares MSCI Brazil ETF has a 52 week low of $26.30 and a 52 week high of $42.02.

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.