VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Stock Jumps 0.4% – Still a Buy?

Shares of VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) were up 0.4% during mid-day trading on Friday. The stock traded as high as $16.09 and last traded at $16.09. Approximately 377 shares changed hands during trading, a decline of 95% from the average session volume of 7,163 shares. The stock had previously closed at $16.02.

VanEck Brazil Small-Cap ETF Price Performance

The company has a market capitalization of $21.72 million, a PE ratio of 9.69 and a beta of 0.79. The stock has a 50-day simple moving average of $16.04 and a 200 day simple moving average of $17.11.

Institutional Investors Weigh In On VanEck Brazil Small-Cap ETF

A hedge fund recently bought a new position in VanEck Brazil Small-Cap ETF stock. Citadel Advisors LLC acquired a new stake in VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 29,411 shares of the company’s stock, valued at approximately $483,000. Citadel Advisors LLC owned about 2.18% of VanEck Brazil Small-Cap ETF at the end of the most recent quarter.

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.