Guardian Partners Inc. Has $2.11 Million Holdings in iShares MSCI Brazil ETF $EWZ

Guardian Partners Inc. increased its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 83.3% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 55,000 shares of the exchange traded fund’s stock after acquiring an additional 25,000 shares during the period. Guardian Partners Inc.’s holdings in iShares MSCI Brazil ETF were worth $2,111,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Bank of Nova Scotia grew its position in iShares MSCI Brazil ETF by 10,490.4% in the first quarter. Bank of Nova Scotia now owns 5,507,028 shares of the exchange traded fund’s stock valued at $211,416,000 after acquiring an additional 5,455,028 shares during the period. Allspring Global Investments Holdings LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 12,304.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock valued at $119,760,000 after acquiring an additional 3,094,413 shares during the period. Bessemer Group Inc. bought a new position in shares of iShares MSCI Brazil ETF during the first quarter valued at $108,733,000. FIL Ltd bought a new position in shares of iShares MSCI Brazil ETF during the fourth quarter valued at $65,840,000. Finally, SG Americas Securities LLC boosted its stake in shares of iShares MSCI Brazil ETF by 645.6% in the 1st quarter. SG Americas Securities LLC now owns 2,344,250 shares of the exchange traded fund’s stock valued at $89,996,000 after purchasing an additional 2,029,838 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA:EWZ opened at $36.05 on Wednesday. The company’s fifty day moving average is $35.11 and its 200-day moving average is $36.79. iShares MSCI Brazil ETF has a 52 week low of $26.30 and a 52 week high of $42.02. The company has a market capitalization of $9.13 billion, a PE 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.