National Bank of Canada FI Has $46.24 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

National Bank of Canada FI raised its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 39,171.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,462,855 shares of the exchange traded fund’s stock after buying an additional 1,459,130 shares during the quarter. National Bank of Canada FI owned 0.93% of iShares MSCI Brazil ETF worth $46,241,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in EWZ. Wellington Management Group LLP acquired a new stake in shares of iShares MSCI Brazil ETF during the 3rd quarter valued at about $1,258,000. Brookstone Capital Management bought a new stake in iShares MSCI Brazil ETF in the fourth quarter worth approximately $621,000. SG Americas Securities LLC acquired a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth $1,199,000. Raymond James & Associates raised its holdings in shares of iShares MSCI Brazil ETF by 31.6% during the 4th quarter. Raymond James & Associates now owns 84,979 shares of the exchange traded fund’s stock valued at $2,971,000 after purchasing an additional 20,409 shares in the last quarter. Finally, Access Financial Services Inc. lifted its stake in shares of iShares MSCI Brazil ETF by 1.5% in the 4th quarter. Access Financial Services Inc. now owns 102,658 shares of the exchange traded fund’s stock valued at $3,589,000 after purchasing an additional 1,496 shares during the last quarter.

iShares MSCI Brazil ETF Trading Down 1.1 %

iShares MSCI Brazil ETF stock traded down $0.31 during mid-day trading on Wednesday, hitting $27.53. 17,424,218 shares of the company’s stock were exchanged, compared to its average volume of 21,700,949. iShares MSCI Brazil ETF has a 1-year low of $26.83 and a 1-year high of $35.74. The stock has a 50 day moving average of $28.75 and a two-hundred day moving average of $31.19. The stock has a market cap of $4.32 billion, a P/E ratio of 5.65 and a beta of 0.93.

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).