103,775 Shares in iShares MSCI Brazil ETF (NYSEARCA:EWZ) Bought by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 103,775 shares of the exchange traded fund’s stock, valued at approximately $2,325,000.

Other hedge funds also recently modified their holdings of the company. Creative Planning acquired a new stake in iShares MSCI Brazil ETF in the third quarter valued at about $208,000. Private Advisor Group LLC boosted its stake in iShares MSCI Brazil ETF by 9.4% in the third quarter. Private Advisor Group LLC now owns 50,699 shares of the exchange traded fund’s stock valued at $1,495,000 after buying an additional 4,343 shares in the last quarter. Ground Swell Capital LLC acquired a new stake in iShares MSCI Brazil ETF in the third quarter valued at about $977,000. Spinnaker Trust boosted its stake in iShares MSCI Brazil ETF by 3.8% in the third quarter. Spinnaker Trust now owns 285,733 shares of the exchange traded fund’s stock valued at $8,426,000 after buying an additional 10,410 shares in the last quarter. Finally, LMR Partners LLP boosted its stake in iShares MSCI Brazil ETF by 111.3% in the third quarter. LMR Partners LLP now owns 101,576 shares of the exchange traded fund’s stock valued at $2,995,000 after buying an additional 1,001,576 shares in the last quarter.

iShares MSCI Brazil ETF Stock Down 2.8 %

NYSEARCA:EWZ opened at $25.47 on Monday. The stock’s 50-day simple moving average is $24.11 and its 200 day simple moving average is $26.94. The firm has a market capitalization of $4.00 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a twelve month low of $22.26 and a twelve month high of $34.13.

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).