Investors sold shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) on strength during trading hours on Monday. $54.74 million flowed into the stock on the tick-up and $113.96 million flowed out of the stock on the tick-down, for a money net flow of $59.22 million out of the stock. Of all companies tracked, iShares MSCI Brazil ETF had the 33rd highest net out-flow for the day. iShares MSCI Brazil ETF traded up $0.30 for the day and closed at $40.62
Large investors have recently modified their holdings of the stock. Cetera Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 2.5% during the fourth quarter. Cetera Advisors LLC now owns 38,160 shares of the exchange traded fund’s stock worth $1,469,000 after purchasing an additional 942 shares in the last quarter. Tibra Equities Europe Ltd acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter worth approximately $788,000. Man Group plc raised its holdings in iShares MSCI Brazil ETF by 122.5% during the third quarter. Man Group plc now owns 145,100 shares of the exchange traded fund’s stock worth $4,894,000 after purchasing an additional 79,900 shares in the last quarter. Regent Investment Management LLC acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter worth approximately $751,000. Finally, PFG Advisors acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter worth approximately $219,000.
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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).
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