Bleakley Financial Group LLC Raises Stock Position in iShares MSCI Brazil ETF $EWZ

Bleakley Financial Group LLC lifted its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 54.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 50,417 shares of the exchange traded fund’s stock after acquiring an additional 17,822 shares during the quarter. Bleakley Financial Group LLC’s holdings in iShares MSCI Brazil ETF were worth $1,455,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in shares of iShares MSCI Brazil ETF by 64.6% during the first quarter. Goldman Sachs Group Inc. now owns 21,083,684 shares of the exchange traded fund’s stock worth $545,013,000 after acquiring an additional 8,271,979 shares during the period. Phoenix Financial Ltd. increased its position in shares of iShares MSCI Brazil ETF by 276.2% during the second quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock worth $190,670,000 after acquiring an additional 4,852,250 shares during the period. New Vernon Capital Holdings II LLC purchased a new position in shares of iShares MSCI Brazil ETF during the first quarter worth approximately $156,653,000. Wellington Management Group LLP increased its position in shares of iShares MSCI Brazil ETF by 4,795.3% during the first quarter. Wellington Management Group LLP now owns 1,950,002 shares of the exchange traded fund’s stock worth $50,408,000 after acquiring an additional 1,991,533 shares during the period. Finally, Korea Investment CORP increased its position in shares of iShares MSCI Brazil ETF by 19.7% during the first quarter. Korea Investment CORP now owns 1,272,530 shares of the exchange traded fund’s stock worth $32,895,000 after acquiring an additional 209,710 shares during the period. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Up 0.0%

Shares of EWZ stock opened at $30.48 on Friday. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 9.58 and a beta of 0.97. The company’s 50 day moving average is $29.76 and its 200 day moving average is $28.14. iShares MSCI Brazil ETF has a 52-week low of $22.26 and a 52-week high of $31.46.

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).