Nan Fung Trinity HK Ltd. Buys New Position in iShares MSCI Brazil ETF $EWZ

Nan Fung Trinity HK Ltd. bought a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,179,700 shares of the exchange traded fund’s stock, valued at approximately $43,944,000. iShares MSCI Brazil ETF makes up about 4.2% of Nan Fung Trinity HK Ltd.’s holdings, making the stock its 2nd largest position. Nan Fung Trinity HK Ltd. owned about 0.40% of iShares MSCI Brazil ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of Nova Scotia increased its holdings in iShares MSCI Brazil ETF by 10,490.4% in the 1st quarter. Bank of Nova Scotia now owns 5,507,028 shares of the exchange traded fund’s stock worth $211,416,000 after acquiring an additional 5,455,028 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in iShares MSCI Brazil ETF by 12,304.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock worth $119,760,000 after acquiring an additional 3,094,413 shares during the period. Bessemer Group Inc. purchased a new position in iShares MSCI Brazil ETF during the first quarter valued at $108,733,000. Royal Bank of Canada lifted its holdings in iShares MSCI Brazil ETF by 23.9% during the first quarter. Royal Bank of Canada now owns 1,636,421 shares of the exchange traded fund’s stock valued at $62,823,000 after purchasing an additional 316,188 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in iShares MSCI Brazil ETF by 45.7% during the second quarter. Wellington Management Group LLP now owns 1,797,317 shares of the exchange traded fund’s stock valued at $62,007,000 after purchasing an additional 564,165 shares in the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 2.0%

Shares of NYSEARCA EWZ opened at $31.78 on Friday. The company’s 50-day simple moving average is $37.71 and its 200-day simple moving average is $37.03. iShares MSCI Brazil ETF has a 52-week low of $30.72 and a 52-week high of $43.90. The firm has a market cap of $8.91 billion, a price-to-earnings ratio of 9.79 and a beta of 0.66.

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.