VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Stock Price Down 0.3% – Here’s Why

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) traded down 0.3% during trading on Friday . The stock traded as low as $15.80 and last traded at $15.86. 11,137 shares traded hands during trading, an increase of 51% from the average session volume of 7,390 shares. The stock had previously closed at $15.90.

VanEck Brazil Small-Cap ETF Price Performance

The business’s fifty day moving average price is $16.44 and its 200 day moving average price is $17.77. The stock has a market cap of $21.41 million, a P/E ratio of 9.69 and a beta of 0.79.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Gould Asset Management LLC CA lifted its stake in VanEck Brazil Small-Cap ETF by 4.7% in the 1st quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock valued at $405,000 after purchasing an additional 985 shares during the last quarter. LPL Financial LLC grew its stake in shares of VanEck Brazil Small-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock worth $724,000 after buying an additional 2,200 shares during the last quarter. Jane Street Group LLC grew its stake in shares of VanEck Brazil Small-Cap ETF by 44.9% during the second quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock worth $242,000 after buying an additional 4,873 shares during the last quarter. OLD Mission Capital LLC increased its holdings in shares of VanEck Brazil Small-Cap ETF by 21.5% during the fourth quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock worth $1,211,000 after buying an additional 13,388 shares in the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of VanEck Brazil Small-Cap ETF during the third quarter worth $236,000.

VanEck Brazil Small-Cap ETF Company Profile

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.