iShares MSCI Brazil ETF Target of Unusually Large Options Trading (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the recipient of unusually large options trading on Thursday. Stock investors acquired 371,277 call options on the company. This represents an increase of 72% compared to the typical volume of 215,545 call options.

Hedge Funds Weigh In On iShares MSCI Brazil ETF

Institutional investors have recently modified their holdings of the company. Polianta Ltd bought a new position in shares of iShares MSCI Brazil ETF in the second quarter valued at $9,356,000. Empowered Funds LLC purchased a new stake in shares of iShares MSCI Brazil ETF during the first quarter valued at approximately $3,065,000. Cercano Management LLC bought a new position in iShares MSCI Brazil ETF in the 4th quarter valued at $15,598,000. Nilsine Partners LLC grew its stake in iShares MSCI Brazil ETF by 9.5% in the 2nd quarter. Nilsine Partners LLC now owns 228,895 shares of the exchange traded fund’s stock valued at $7,897,000 after purchasing an additional 19,835 shares during the period. Finally, Randolph Co Inc purchased a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $33,390,000. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

Shares of EWZ opened at $37.37 on Thursday. The business’s 50 day moving average price is $36.21 and its two-hundred day moving average price is $36.64. The firm has a market cap of $8.57 billion, a PE ratio of 9.58 and a beta of 0.62. iShares MSCI Brazil ETF has a 52-week low of $28.66 and a 52-week high of $42.02.

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.