Cullen Frost Bankers Inc. Invests $287,000 in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Cullen Frost Bankers Inc. bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 11,100 shares of the exchange traded fund’s stock, valued at approximately $287,000.

A number of other large investors also recently made changes to their positions in EWZ. North Capital Inc. acquired a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at $26,000. Parallel Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at $28,000. Bellwether Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the 4th quarter valued at $46,000. Westside Investment Management Inc. acquired a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at $76,000. Finally, Summit Securities Group LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the 4th quarter valued at $108,000. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 3.0%

Shares of NYSEARCA:EWZ opened at $26.85 on Friday. The firm has a market cap of $5.00 billion, a P/E ratio of 9.58 and a beta of 0.97. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $31.14. The business has a fifty day simple moving average of $27.95 and a 200 day simple moving average of $26.11.

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).