Whitebox Advisors LLC Grows Stake in iShares MSCI Brazil ETF $EWZ

Whitebox Advisors LLC increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 299.1% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 83,755 shares of the exchange traded fund’s stock after purchasing an additional 62,768 shares during the quarter. Whitebox Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $3,215,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of EWZ. Thrivent Financial for Lutherans grew its stake in iShares MSCI Brazil ETF by 586.9% in the 4th quarter. Thrivent Financial for Lutherans now owns 328,458 shares of the exchange traded fund’s stock valued at $10,486,000 after acquiring an additional 280,639 shares during the last quarter. Matauro LLC grew its position in shares of iShares MSCI Brazil ETF by 55.9% in the fourth quarter. Matauro LLC now owns 80,100 shares of the exchange traded fund’s stock valued at $2,545,000 after purchasing an additional 28,719 shares during the last quarter. Spectrum Asset Management Inc. NB CA grew its position in shares of iShares MSCI Brazil ETF by 16.0% in the fourth quarter. Spectrum Asset Management Inc. NB CA now owns 95,984 shares of the exchange traded fund’s stock valued at $3,060,000 after purchasing an additional 13,245 shares during the last quarter. Revisor Wealth Management LLC increased its stake in shares of iShares MSCI Brazil ETF by 359.6% during the 4th quarter. Revisor Wealth Management LLC now owns 34,990 shares of the exchange traded fund’s stock worth $1,215,000 after purchasing an additional 27,377 shares in the last quarter. Finally, Cercano Management LLC acquired a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth approximately $15,598,000. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $35.73 on Monday. iShares MSCI Brazil ETF has a fifty-two week low of $26.30 and a fifty-two week high of $42.02. The company has a market capitalization of $9.05 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. The stock has a fifty day moving average of $35.12 and a two-hundred day moving average of $36.75.

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.