1,179,700 Shares in iShares MSCI Brazil ETF $EWZ Acquired by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 1,179,700 shares of the exchange traded fund’s stock, valued at approximately $43,944,000. iShares MSCI Brazil ETF makes up 4.2% of Nan Fung Trinity HK Ltd.’s portfolio, making the stock its 2nd biggest holding.

A number of other institutional investors have also recently made changes to their positions in EWZ. Philadelphia Trust Co. acquired a new position in iShares MSCI Brazil ETF in the 3rd quarter valued at $721,000. Lido Advisors LLC boosted its stake in iShares MSCI Brazil ETF by 19.8% during the 3rd quarter. Lido Advisors LLC now owns 151,492 shares of the exchange traded fund’s stock worth $5,643,000 after purchasing an additional 25,030 shares during the last quarter. Simplex Trading LLC acquired a new stake in iShares MSCI Brazil ETF during the 3rd quarter worth $19,015,000. AlphaCore Capital LLC grew its holdings in shares of iShares MSCI Brazil ETF by 189.9% during the third quarter. AlphaCore Capital LLC now owns 2,000 shares of the exchange traded fund’s stock worth $74,000 after buying an additional 1,310 shares in the last quarter. Finally, 180 Wealth Advisors LLC grew its holdings in shares of iShares MSCI Brazil ETF by 5.8% during the third quarter. 180 Wealth Advisors LLC now owns 11,965 shares of the exchange traded fund’s stock worth $446,000 after buying an additional 659 shares in the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Down 2.0%

iShares MSCI Brazil ETF stock opened at $31.78 on Friday. The company has a fifty day simple moving average of $37.71 and a 200-day simple moving average of $37.03. The firm has a market capitalization of $8.91 billion, a price-to-earnings ratio of 9.79 and a beta of 0.66. iShares MSCI Brazil ETF has a 52-week low of $30.72 and a 52-week high of $43.90.

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.