iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Trading Down 2% – Here’s Why

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS)’s share price traded down 2% during mid-day trading on Monday . The stock traded as low as $13.31 and last traded at $13.35. 350,005 shares changed hands during trading, a decline of 30% from the average daily volume of 502,162 shares. The stock had previously closed at $13.62.

iShares MSCI Brazil Small-Cap ETF Stock Down 0.7%

The business’s fifty day moving average price is $13.59 and its 200 day moving average price is $14.24. The firm has a market capitalization of $239.09 million, a PE ratio of 10.78 and a beta of 0.75.

iShares MSCI Brazil Small-Cap ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, June 18th. Shareholders of record on Monday, June 15th were paid a $0.1385 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in EWZS. Triumph Capital Management purchased a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the third quarter valued at $25,000. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at about $47,000. SPX Gestao de Recursos Ltda purchased a new stake in iShares MSCI Brazil Small-Cap ETF in the 1st quarter valued at about $54,000. Group One Trading LLC acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the 1st quarter valued at about $104,000. Finally, Marshall Wace LLP acquired a new position in shares of iShares MSCI Brazil Small-Cap ETF during the 2nd quarter valued at about $138,000.

iShares MSCI Brazil Small-Cap ETF Company Profile

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.