iShares MSCI Brazil ETF $EWZ Shares Acquired by Quinn Opportunity Partners LLC

Quinn Opportunity Partners LLC lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 175.0% during the third quarter, Holdings Channel reports. The institutional investor owned 220,000 shares of the exchange traded fund’s stock after purchasing an additional 140,000 shares during the quarter. Quinn Opportunity Partners LLC’s holdings in iShares MSCI Brazil ETF were worth $6,820,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Banco BTG Pactual S.A. acquired a new position in iShares MSCI Brazil ETF during the third quarter worth $8,898,000. Quantitative Investment Management LLC acquired a new stake in iShares MSCI Brazil ETF in the third quarter valued at $1,373,000. Black Swift Group LLC boosted its position in shares of iShares MSCI Brazil ETF by 17.4% during the 3rd quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock worth $11,235,000 after purchasing an additional 53,590 shares in the last quarter. Korea Investment CORP boosted its position in shares of iShares MSCI Brazil ETF by 19.9% during the 3rd quarter. Korea Investment CORP now owns 1,261,674 shares of the exchange traded fund’s stock worth $39,112,000 after purchasing an additional 209,674 shares in the last quarter. Finally, Ameriflex Group Inc. grew its stake in shares of iShares MSCI Brazil ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 440 shares during the period. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 1.7%

Shares of EWZ opened at $35.49 on Friday. The company has a 50-day simple moving average of $36.57 and a 200-day simple moving average of $33.08. The company has a market capitalization of $8.38 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 52-week low of $23.05 and a 52-week high of $39.69.

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.