LexAurum Advisors LLC Acquires New Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

LexAurum Advisors LLC acquired a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,814 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Brazil ETF by 1.0% during the 4th quarter. JPMorgan Chase & Co. now owns 5,158,747 shares of the exchange traded fund’s stock valued at $116,123,000 after buying an additional 52,915 shares during the period. Optiver Holding B.V. raised its position in iShares MSCI Brazil ETF by 593.7% in the fourth quarter. Optiver Holding B.V. now owns 4,097,803 shares of the exchange traded fund’s stock valued at $92,242,000 after purchasing an additional 3,507,076 shares during the period. Rafferty Asset Management LLC lifted its stake in shares of iShares MSCI Brazil ETF by 92.2% in the 4th quarter. Rafferty Asset Management LLC now owns 3,444,830 shares of the exchange traded fund’s stock valued at $77,543,000 after purchasing an additional 1,652,786 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of iShares MSCI Brazil ETF by 59.8% during the 4th quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,616,714 shares of the exchange traded fund’s stock worth $36,417,000 after purchasing an additional 605,127 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth about $32,516,000.

iShares MSCI Brazil ETF Stock Up 0.4%

Shares of NYSEARCA EWZ opened at $27.72 on Monday. The business’s 50 day moving average is $26.56 and its two-hundred day moving average is $25.43. iShares MSCI Brazil ETF has a 52-week low of $22.26 and a 52-week high of $31.14. The firm has a market cap of $4.39 billion, a price-to-earnings ratio of 10.54 and a beta of 0.87.

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).