Mirae Asset Global Investments Co. Ltd. Grows Stock Position in iShares MSCI Brazil ETF $EWZ

Mirae Asset Global Investments Co. Ltd. boosted its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 34.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,200 shares of the exchange traded fund’s stock after buying an additional 14,400 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Brazil ETF were worth $1,785,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Truxt Investmentos Ltda. purchased a new stake in iShares MSCI Brazil ETF in the third quarter worth $25,000. Ameriflex Group Inc. increased its position in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after buying an additional 440 shares during the last quarter. Private Trust Co. NA increased its position in iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 572 shares during the last quarter. Farther Finance Advisors LLC increased its position in iShares MSCI Brazil ETF by 388.0% in the third quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 970 shares during the last quarter. Finally, NewEdge Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares in the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA EWZ opened at $40.09 on Friday. The stock has a market cap of $11.57 billion, a PE ratio of 9.58 and a beta of 0.69. iShares MSCI Brazil ETF has a fifty-two week low of $26.28 and a fifty-two week high of $42.02. The stock has a fifty day moving average of $38.39 and a 200-day moving average of $34.82.

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). 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.