TD Waterhouse Canada Inc. Raises Stock Position in iShares MSCI Brazil ETF $EWZ

TD Waterhouse Canada Inc. raised its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 204.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 96,022 shares of the exchange traded fund’s stock after acquiring an additional 64,506 shares during the period. TD Waterhouse Canada Inc.’s holdings in iShares MSCI Brazil ETF were worth $3,281,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in EWZ. Continuum Advisory LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter worth approximately $25,000. NewEdge Advisors LLC lifted its holdings in 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 acquiring an additional 1,500 shares during the last quarter. Parallel Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 16.7% in the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 293 shares during the last quarter. Triumph Capital Management purchased a new position in iShares MSCI Brazil ETF in the third quarter worth approximately $90,000. Finally, Waterford Advisors LLC purchased a new position in iShares MSCI Brazil ETF in the fourth quarter worth approximately $117,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

EWZ stock opened at $37.86 on Tuesday. iShares MSCI Brazil ETF has a 52-week low of $28.66 and a 52-week high of $42.02. The stock has a market cap of $9.58 billion, a price-to-earnings ratio of 9.58 and a beta of 0.62. The business has a fifty day moving average of $35.49 and a two-hundred day moving average of $36.68.

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.