Stevens Capital Management LP Buys New Shares in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Stevens Capital Management LP bought a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 82,400 shares of the exchange traded fund’s stock, valued at approximately $2,881,000. iShares MSCI Brazil ETF makes up 0.7% of Stevens Capital Management LP’s investment portfolio, making the stock its 22nd largest holding. Stevens Capital Management LP owned about 0.05% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. KB Financial Partners LLC bought a new stake in iShares MSCI Brazil ETF during the third quarter valued at about $31,000. Private Trust Co. NA bought a new stake in iShares MSCI Brazil ETF during the third quarter valued at about $38,000. Allworth Financial LP bought a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth about $83,000. Blair William & Co. IL increased its holdings in shares of iShares MSCI Brazil ETF by 94.8% in the third quarter. Blair William & Co. IL now owns 3,250 shares of the exchange traded fund’s stock worth $100,000 after purchasing an additional 1,582 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in shares of iShares MSCI Brazil ETF by 41.2% in the third quarter. IFP Advisors Inc now owns 4,801 shares of the exchange traded fund’s stock worth $147,000 after purchasing an additional 1,401 shares during the last quarter.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ stock traded up $0.73 during trading hours on Friday, hitting $31.54. The stock had a trading volume of 16,945,152 shares, compared to its average volume of 21,637,701. iShares MSCI Brazil ETF has a one year low of $27.20 and a one year high of $35.74. The stock’s 50-day moving average price is $32.27 and its two-hundred day moving average price is $32.72. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 5.69 and a beta of 0.93.

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).