Nwam LLC Increases Stock Holdings in iShares MSCI Brazil ETF $EWZ

Nwam LLC increased its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 439.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 99,360 shares of the exchange traded fund’s stock after purchasing an additional 80,950 shares during the period. Nwam LLC’s holdings in iShares MSCI Brazil ETF were worth $3,814,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SG Americas Securities LLC grew its position in iShares MSCI Brazil ETF by 645.6% in the first quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock valued at $89,996,000 after acquiring an additional 2,029,838 shares in the last quarter. MKP Capital Management L.L.C. lifted its position in shares of iShares MSCI Brazil ETF by 3.0% during the fourth quarter. MKP Capital Management L.L.C. now owns 2,286,900 shares of the exchange traded fund’s stock worth $72,655,000 after purchasing an additional 66,900 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. boosted its stake in shares of iShares MSCI Brazil ETF by 19.2% in the fourth quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,218,204 shares of the exchange traded fund’s stock valued at $70,457,000 after purchasing an additional 357,853 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Brazil ETF by 71.4% in the third quarter. JPMorgan Chase & Co. now owns 2,110,619 shares of the exchange traded fund’s stock valued at $65,429,000 after purchasing an additional 879,500 shares during the period. Finally, FIL Ltd acquired a new stake in iShares MSCI Brazil ETF during the 4th quarter valued at $65,840,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

iShares MSCI Brazil ETF stock opened at $36.03 on Wednesday. iShares MSCI Brazil ETF has a 12-month low of $26.30 and a 12-month high of $42.02. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. The firm’s fifty day moving average price is $35.50 and its 200 day moving average price is $36.53.

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.