Randolph Co Inc Acquires New Stake in iShares MSCI Brazil ETF $EWZ

Randolph Co Inc bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 869,770 shares of the exchange traded fund’s stock, valued at approximately $33,390,000. iShares MSCI Brazil ETF makes up approximately 3.2% of Randolph Co Inc’s portfolio, making the stock its 16th largest position. Randolph Co Inc owned about 0.30% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. MKP Capital Management L.L.C. acquired a new stake in shares of iShares MSCI Brazil ETF during the third quarter worth about $68,820,000. FIL Ltd purchased a new stake in iShares MSCI Brazil ETF during the 4th quarter worth approximately $65,840,000. SG Americas Securities LLC lifted its holdings in iShares MSCI Brazil ETF by 645.6% during the 1st quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock worth $89,996,000 after buying an additional 2,029,838 shares in the last quarter. Two Sigma Investments LP boosted its position in iShares MSCI Brazil ETF by 9,552.4% in the 3rd quarter. Two Sigma Investments LP now owns 1,585,218 shares of the exchange traded fund’s stock valued at $49,142,000 after buying an additional 1,568,795 shares during the period. Finally, Wellington Management Group LLP acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth $48,228,000. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Trading Down 0.9%

Shares of NYSEARCA EWZ opened at $34.18 on Thursday. The stock has a market cap of $8.98 billion, a P/E ratio of 9.58 and a beta of 0.61. The business’s fifty day simple moving average is $36.38 and its 200-day simple moving average is $36.33. iShares MSCI Brazil ETF has a 12-month low of $26.30 and a 12-month high of $42.02.

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.