iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Shares Down 4% – What’s Next?

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS)’s share price were down 4% during trading on Friday . The stock traded as low as $13.24 and last traded at $13.27. Approximately 180,819 shares traded hands during mid-day trading, a decline of 68% from the average daily volume of 573,472 shares. The stock had previously closed at $13.82.

iShares MSCI Brazil Small-Cap ETF Trading Down 4.0%

The company has a 50-day simple moving average of $14.75 and a 200 day simple moving average of $14.33. The company has a market cap of $291.28 million, a P/E ratio of 10.78 and a beta of 0.75.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

Several hedge funds have recently bought and sold shares of the business. Jane Street Group LLC grew its position in iShares MSCI Brazil Small-Cap ETF by 113.9% in the 4th quarter. Jane Street Group LLC now owns 468,095 shares of the company’s stock valued at $6,053,000 after acquiring an additional 249,261 shares during the last quarter. RPg Family Wealth Advisory LLC grew its position in iShares MSCI Brazil Small-Cap ETF by 6.2% in the 4th quarter. RPg Family Wealth Advisory LLC now owns 178,515 shares of the company’s stock valued at $2,324,000 after acquiring an additional 10,459 shares during the last quarter. Bank of Nova Scotia grew its position in iShares MSCI Brazil Small-Cap ETF by 12.1% in the 1st quarter. Bank of Nova Scotia now owns 138,832 shares of the company’s stock valued at $2,056,000 after acquiring an additional 15,000 shares during the last quarter. Bank of America Corp DE grew its position in iShares MSCI Brazil Small-Cap ETF by 556.6% in the 3rd quarter. Bank of America Corp DE now owns 94,767 shares of the company’s stock valued at $1,317,000 after acquiring an additional 80,333 shares during the last quarter. Finally, Sankala Group LLC bought a new position in iShares MSCI Brazil Small-Cap ETF in the 4th quarter valued at $1,182,000.

iShares MSCI Brazil Small-Cap ETF Company Profile

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.