iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Stock Price Down 2% – Should You Sell?

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS)’s share price fell 2% during mid-day trading on Monday . The stock traded as low as $13.31 and last traded at $13.35. 350,005 shares were traded during mid-day trading, a decline of 30% from the average session volume of 502,162 shares. The stock had previously closed at $13.62.

iShares MSCI Brazil Small-Cap ETF Price Performance

The firm’s fifty day moving average is $13.62 and its 200 day moving average is $14.24. The firm has a market capitalization of $236.96 million, a price-to-earnings ratio of 10.78 and a beta of 0.75.

iShares MSCI Brazil Small-Cap ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were paid a $0.1385 dividend. The ex-dividend date of this dividend was Monday, June 15th.

Institutional Investors Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EWZS. Triumph Capital Management acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF during the third quarter worth $25,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the 2nd quarter valued at approximately $47,000. SPX Gestao de Recursos Ltda bought a new position in shares of iShares MSCI Brazil Small-Cap ETF in the 1st quarter valued at about $54,000. Envestnet Asset Management Inc. increased its position in iShares MSCI Brazil Small-Cap ETF by 30.1% during the third quarter. Envestnet Asset Management Inc. now owns 15,760 shares of the company’s stock worth $219,000 after buying an additional 3,642 shares during the last quarter. Finally, Bank of Nova Scotia raised its stake in iShares MSCI Brazil Small-Cap ETF by 8.4% in the 2nd quarter. Bank of Nova Scotia now owns 58,332 shares of the company’s stock valued at $773,000 after acquiring an additional 4,500 shares during the period.

iShares MSCI Brazil Small-Cap ETF Company Profile

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.