Mirae Asset Global Investments Co. Ltd. Raises Stock Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Mirae Asset Global Investments Co. Ltd. grew its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 98,400 shares of the exchange traded fund’s stock after buying an additional 11,110 shares during the quarter. Mirae Asset Global Investments Co. Ltd. owned approximately 0.06% of iShares MSCI Brazil ETF worth $3,440,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KB Financial Partners LLC bought a new position in shares of iShares MSCI Brazil ETF in the third quarter worth about $31,000. PNC Financial Services Group Inc. boosted its stake in shares of iShares MSCI Brazil ETF by 124.4% in the first quarter. PNC Financial Services Group Inc. now owns 902 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of iShares MSCI Brazil ETF by 193.8% in the third quarter. Tower Research Capital LLC TRC now owns 1,178 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 777 shares during the period. Private Trust Co. NA bought a new position in shares of iShares MSCI Brazil ETF in the third quarter worth about $38,000. Finally, Allworth Financial LP bought a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth about $83,000.

iShares MSCI Brazil ETF Stock Up 0.3 %

NYSEARCA EWZ opened at $30.17 on Thursday. The business has a 50-day moving average price of $32.50 and a 200-day moving average price of $32.68. iShares MSCI Brazil ETF has a twelve month low of $27.20 and a twelve month high of $35.74. The firm has a market cap of $4.74 billion, a price-to-earnings ratio of 5.69 and a beta of 0.93.

iShares MSCI Brazil ETF Company 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).