Group One Trading LLC Purchases 269,261 Shares of iShares MSCI Brazil ETF $EWZ

Group One Trading LLC grew its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 88.8% during the first quarter, HoldingsChannel reports. The institutional investor owned 572,376 shares of the exchange traded fund’s stock after purchasing an additional 269,261 shares during the period. Group One Trading LLC’s holdings in iShares MSCI Brazil ETF were worth $21,974,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Parallel Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 16.7% in the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 293 shares during the last quarter. 3EDGE Asset Management LP boosted its stake in iShares MSCI Brazil ETF by 2.6% during the 4th quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock valued at $473,000 after purchasing an additional 382 shares during the last quarter. Nwam LLC boosted its stake in iShares MSCI Brazil ETF by 2.2% during the 4th quarter. Nwam LLC now owns 18,410 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 397 shares during the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in iShares MSCI Brazil ETF by 2.2% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 20,069 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 423 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. increased its holdings in shares of iShares MSCI Brazil ETF by 5.2% in the 4th quarter. Retirement Planning Co of New England Inc. now owns 8,516 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 423 shares in the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

EWZ stock opened at $36.62 on Thursday. iShares MSCI Brazil ETF has a 1-year low of $26.30 and a 1-year high of $42.02. The business has a fifty day moving average price of $35.15 and a 200-day moving average price of $36.70. The stock has a market capitalization of $9.27 billion, a P/E ratio of 9.58 and a beta of 0.61.

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). 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.