Himension Capital Singapore PTE. LTD. purchased a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor purchased 78,511 shares of the exchange traded fund’s stock, valued at approximately $3,014,000.
A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada increased its holdings in iShares MSCI Brazil ETF by 18.0% in the 1st quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock valued at $8,894,000 after buying an additional 52,532 shares during the period. NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 1,500 shares during the period. CW Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter valued at about $243,000. Cresset Asset Management LLC boosted its position in shares of 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 valued at $647,000 after acquiring an additional 2,541 shares in the last quarter. Finally, Karpus Management Inc. boosted its position in shares of iShares MSCI Brazil ETF by 21.0% during the 2nd quarter. Karpus Management Inc. now owns 165,578 shares of the exchange traded fund’s stock valued at $4,777,000 after acquiring an additional 28,681 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.
iShares MSCI Brazil ETF Stock Up 0.4%
NYSEARCA EWZ opened at $35.62 on Wednesday. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02. The stock has a market cap of $9.02 billion, a P/E ratio of 9.58 and a beta of 0.61. The company’s 50-day simple moving average is $35.15 and its 200 day simple moving average is $36.67.
About iShares MSCI Brazil ETF
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.
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