Cullen Capital Management LLC Purchases New Position in iShares MSCI Brazil ETF $EWZ

Cullen Capital Management LLC bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the third quarter, Holdings Channel.com reports. The fund bought 192,956 shares of the exchange traded fund’s stock, valued at approximately $5,982,000.

Other large investors have also recently made changes to their positions in the company. Truxt Investmentos Ltda. purchased a new position in iShares MSCI Brazil ETF during the 3rd quarter worth approximately $25,000. Aberdeen Wealth Management LLC purchased a new position in shares of iShares MSCI Brazil ETF during the second quarter worth approximately $29,000. Private Trust Co. NA grew its position in shares of iShares MSCI Brazil ETF by 114.4% during the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 572 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in shares of iShares MSCI Brazil ETF by 388.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 970 shares during the period. Finally, First Horizon Advisors Inc. raised its position in iShares MSCI Brazil ETF by 143.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 775 shares during the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $36.98 on Thursday. iShares MSCI Brazil ETF has a 1-year low of $23.05 and a 1-year high of $38.88. The stock has a market cap of $8.73 billion, a P/E ratio of 9.58 and a beta of 0.87. The firm has a fifty day moving average price of $33.61 and a 200 day moving average price of $31.15.

About iShares MSCI Brazil ETF

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.