VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Down 0.3% – What’s Next?

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) shares dropped 0.3% during trading on Friday . The stock traded as low as $15.80 and last traded at $15.86. Approximately 11,137 shares traded hands during trading, an increase of 51% from the average session volume of 7,390 shares. The stock had previously closed at $15.90.

VanEck Brazil Small-Cap ETF Stock Performance

The stock has a market capitalization of $21.41 million, a price-to-earnings ratio of 9.69 and a beta of 0.79. The company has a fifty day simple moving average of $16.44 and a two-hundred day simple moving average of $17.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Susquehanna International Group LLP bought a new stake in VanEck Brazil Small-Cap ETF during the third quarter worth $258,000. Citadel Advisors LLC acquired a new stake in shares of VanEck Brazil Small-Cap ETF in the 3rd quarter valued at $236,000. OLD Mission Capital LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 21.5% in the 4th quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock valued at $1,211,000 after purchasing an additional 13,388 shares during the last quarter. Jane Street Group LLC bought a new position in shares of VanEck Brazil Small-Cap ETF in the 4th quarter valued at $170,000. Finally, LPL Financial LLC raised its holdings in shares of VanEck Brazil Small-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock worth $724,000 after buying an additional 2,200 shares in the last quarter.

VanEck Brazil Small-Cap ETF Company Profile

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.