Nwam LLC Makes New Investment in iShares MSCI Brazil ETF $EWZ

Nwam LLC acquired a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 24,602 shares of the exchange traded fund’s stock, valued at approximately $661,000.

A number of other large investors have also recently bought and sold shares of EWZ. Innealta Capital LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the second quarter valued at $294,000. North Capital Inc. increased its holdings in shares of iShares MSCI Brazil ETF by 100.0% during the 2nd quarter. North Capital Inc. now owns 2,000 shares of the exchange traded fund’s stock worth $58,000 after buying an additional 1,000 shares during the last quarter. Pekin Hardy Strauss Inc. increased its stake in iShares MSCI Brazil ETF by 22.8% during the second quarter. Pekin Hardy Strauss Inc. now owns 338,435 shares of the exchange traded fund’s stock worth $9,764,000 after acquiring an additional 62,879 shares during the last quarter. Black Swift Group LLC increased its position in iShares MSCI Brazil ETF by 11.5% during the 2nd quarter. Black Swift Group LLC now owns 308,845 shares of the exchange traded fund’s stock worth $8,910,000 after purchasing an additional 31,975 shares in the last quarter. Finally, First Horizon Advisors Inc. raised its stake in shares of iShares MSCI Brazil ETF by 143.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 775 shares during the period. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

NYSEARCA:EWZ opened at $33.22 on Thursday. The firm has a market capitalization of $6.42 billion, a PE ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $33.62. The business’s 50-day moving average is $30.58 and its two-hundred day moving average is $28.78.

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).