iShares MSCI Brazil ETF $EWZ Shares Purchased by Moran Wealth Management LLC

Moran Wealth Management LLC raised its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 12.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 356,584 shares of the exchange traded fund’s stock after buying an additional 38,919 shares during the period. Moran Wealth Management LLC owned about 0.12% of iShares MSCI Brazil ETF worth $13,689,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of iShares MSCI Brazil ETF by 18.0% during the first quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock worth $8,894,000 after purchasing an additional 52,532 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares during the period. CW Advisors LLC purchased a new position in iShares MSCI Brazil ETF during the 2nd quarter worth approximately $243,000. Cresset Asset Management LLC grew its stake in iShares MSCI Brazil ETF by 12.8% during the 2nd quarter. Cresset Asset Management LLC now owns 22,430 shares of the exchange traded fund’s stock worth $647,000 after buying an additional 2,541 shares during the last quarter. Finally, Karpus Management Inc. increased its position in iShares MSCI Brazil ETF by 21.0% during the second quarter. Karpus Management Inc. now owns 165,578 shares of the exchange traded fund’s stock worth $4,777,000 after buying an additional 28,681 shares during the period. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA EWZ opened at $34.43 on Friday. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02. The stock has a 50 day moving average of $36.13 and a two-hundred day moving average of $36.32. The stock has a market cap of $9.05 billion, a P/E ratio of 9.58 and a beta of 0.61.

iShares MSCI Brazil ETF 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.