J. Safra Sarasin Holding AG Buys Shares of 17,100 iShares MSCI Brazil ETF $EWZ

J. Safra Sarasin Holding AG bought a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 17,100 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Several other large investors have also modified their holdings of EWZ. Goldman Sachs Group Inc. boosted its position in shares of iShares MSCI Brazil ETF by 64.6% during the first quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock valued at $545,013,000 after buying an additional 8,271,979 shares during the period. New Vernon Capital Holdings II LLC purchased a new position in shares of iShares MSCI Brazil ETF during the first quarter valued at approximately $156,653,000. Wellington Management Group LLP boosted its position in shares of iShares MSCI Brazil ETF by 4,795.3% during the first quarter. Wellington Management Group LLP now owns 1,950,002 shares of the exchange traded fund’s stock valued at $50,408,000 after buying an additional 1,991,533 shares during the period. Armstrong Advisory Group Inc. purchased a new position in shares of iShares MSCI Brazil ETF during the second quarter valued at approximately $35,828,000. Finally, Bank Julius Baer & Co. Ltd Zurich purchased a new position in shares of iShares MSCI Brazil ETF during the first quarter valued at approximately $20,315,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $30.33 on Friday. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year high of $31.46. The business has a 50 day simple moving average of $29.05 and a two-hundred day simple moving average of $27.74. The firm has a market capitalization of $5.58 billion, a PE ratio of 9.58 and a beta of 0.97.

iShares MSCI Brazil ETF 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).