Evergreen Capital Management LLC purchased a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 423,390 shares of the exchange traded fund’s stock, valued at approximately $15,771,000.
Other institutional investors also recently bought and sold shares of the company. AFG Fiduciary Services Limited Partnership lifted its stake in iShares MSCI Brazil ETF by 4.8% during the 3rd quarter. AFG Fiduciary Services Limited Partnership now owns 29,135 shares of the exchange traded fund’s stock valued at $1,085,000 after acquiring an additional 1,343 shares during the period. Kapitalo Investimentos Ltda acquired a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth $479,000. Canal Insurance CO acquired a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth $373,000. Banque Pictet & Cie SA acquired a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth $5,815,000. Finally, BFI Infinity Ltd. acquired a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth $335,000. 72.69% of the stock is owned by hedge funds and other institutional investors.
iShares MSCI Brazil ETF Price Performance
Shares of iShares MSCI Brazil ETF stock opened at $42.59 on Friday. The firm has a fifty day moving average price of $38.54 and a 200 day moving average price of $37.24. iShares MSCI Brazil ETF has a 1 year low of $30.44 and a 1 year high of $43.90. The stock has a market cap of $13.99 billion, a PE ratio of 9.58 and a beta of 0.57.
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). 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.
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