iShares MSCI Brazil ETF $EWZ Shares Bought by Moran Wealth Management LLC

Moran Wealth Management LLC grew its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 12.3% in the first quarter, Holdings Channel.com reports. The institutional investor owned 356,584 shares of the exchange traded fund’s stock after acquiring an additional 38,919 shares during the quarter. Moran Wealth Management LLC’s holdings in iShares MSCI Brazil ETF were worth $13,689,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in EWZ. FIL Ltd purchased a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth approximately $65,840,000. SG Americas Securities LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 645.6% in the 1st quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock valued at $89,996,000 after buying an additional 2,029,838 shares during the period. Two Sigma Investments LP boosted its stake in shares of iShares MSCI Brazil ETF by 9,552.4% in the third quarter. Two Sigma Investments LP now owns 1,585,218 shares of the exchange traded fund’s stock valued at $49,142,000 after buying an additional 1,568,795 shares in the last quarter. Wellington Management Group LLP purchased a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter valued at approximately $48,228,000. Finally, OLD Mission Capital LLC grew its holdings in iShares MSCI Brazil ETF by 316.5% during the fourth quarter. OLD Mission Capital LLC now owns 1,926,675 shares of the exchange traded fund’s stock worth $61,210,000 after acquiring an additional 1,464,112 shares during the period. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $34.43 on Friday. The stock has a fifty day moving average price of $36.13 and a two-hundred day moving average price of $36.32. The stock has a market capitalization of $9.05 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a 1 year low of $26.30 and a 1 year high of $42.02.

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.