VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Stock Price Up 3% – Here’s What Happened

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) shares were up 3% during trading on Tuesday. The company traded as high as $20.53 and last traded at $20.44. Approximately 34,640 shares were traded during mid-day trading, an increase of 360% from the average session volume of 7,532 shares. The stock had previously closed at $19.84.

VanEck Brazil Small-Cap ETF Trading Down 2.0%

The firm’s 50 day moving average price is $17.17 and its two-hundred day moving average price is $17.27. The company has a market capitalization of $26.55 million, a price-to-earnings ratio of 9.69 and a beta of 0.75.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

A hedge fund recently bought a new stake in VanEck Brazil Small-Cap ETF stock. Citadel Advisors LLC acquired a new stake in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 29,411 shares of the company’s stock, valued at approximately $483,000. Citadel Advisors LLC owned 2.18% of VanEck Brazil Small-Cap ETF as of its most recent SEC filing.

VanEck Brazil Small-Cap ETF Company Profile

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.