Polymer Capital Management HK LTD Purchases New Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Polymer Capital Management HK LTD acquired a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 20,000 shares of the exchange traded fund’s stock, valued at approximately $450,000.

Other hedge funds also recently modified their holdings of the company. Zacks Investment Management grew its stake in shares of iShares MSCI Brazil ETF by 1.9% during the third quarter. Zacks Investment Management now owns 25,883 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 484 shares during the last quarter. GenTrust LLC lifted its holdings in iShares MSCI Brazil ETF by 5.6% during the 4th quarter. GenTrust LLC now owns 9,446 shares of the exchange traded fund’s stock worth $213,000 after buying an additional 500 shares in the last quarter. FMR LLC boosted its position in iShares MSCI Brazil ETF by 174.5% in the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 602 shares during the last quarter. X Square Capital LLC increased its stake in shares of iShares MSCI Brazil ETF by 5.7% in the 4th quarter. X Square Capital LLC now owns 15,976 shares of the exchange traded fund’s stock valued at $360,000 after buying an additional 864 shares during the period. Finally, Insigneo Advisory Services LLC raised its position in shares of iShares MSCI Brazil ETF by 7.1% during the third quarter. Insigneo Advisory Services LLC now owns 16,242 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 1,079 shares during the last quarter.

iShares MSCI Brazil ETF Stock Down 7.0 %

iShares MSCI Brazil ETF stock opened at $24.50 on Monday. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 10.86 and a beta of 1.17. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $33.00. The business’s 50-day simple moving average is $25.48 and its 200 day simple moving average is $26.00.

iShares MSCI Brazil ETF Company 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).