Suntrust Banks Inc. increased its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 553.3% during the 4th quarter, Holdings Channel reports. The fund owned 72,585 shares of the exchange traded fund’s stock after buying an additional 61,475 shares during the period. Suntrust Banks Inc.’s holdings in iShares MSCI Brazil ETF were worth $2,773,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Csenge Advisory Group purchased a new position in iShares MSCI Brazil ETF in the third quarter valued at approximately $26,000. We Are One Seven LLC purchased a new position in iShares MSCI Brazil ETF in the fourth quarter valued at approximately $33,000. Capital Investment Advisory Services LLC purchased a new position in iShares MSCI Brazil ETF in the fourth quarter valued at approximately $42,000. Oppenheimer Asset Management Inc. purchased a new position in iShares MSCI Brazil ETF in the fourth quarter valued at approximately $45,000. Finally, Picton Mahoney Asset Management raised its holdings in iShares MSCI Brazil ETF by 84.4% in the fourth quarter. Picton Mahoney Asset Management now owns 1,660 shares of the exchange traded fund’s stock valued at $64,000 after buying an additional 760 shares during the period.
EWZ opened at $40.43 on Monday. iShares MSCI Brazil ETF has a 52-week low of $30.65 and a 52-week high of $45.72.
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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).
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Want to see what other hedge funds are holding EWZ? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Brazil ETF (NYSEARCA:EWZ).
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