SG Americas Securities LLC Acquires 2,029,838 Shares of iShares MSCI Brazil ETF $EWZ

SG Americas Securities LLC increased its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 645.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,344,250 shares of the exchange traded fund’s stock after acquiring an additional 2,029,838 shares during the quarter. SG Americas Securities LLC owned about 0.86% of iShares MSCI Brazil ETF worth $89,996,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of 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 worth $8,894,000 after purchasing an additional 52,532 shares during the period. NewEdge Advisors LLC increased its position in shares of iShares MSCI Brazil ETF by 819.7% during the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. CW Advisors LLC purchased a new position in shares of iShares MSCI Brazil ETF during the second quarter valued at about $243,000. Cresset Asset Management LLC raised its stake in iShares MSCI Brazil ETF by 12.8% in the second 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 in the last quarter. Finally, Karpus Management Inc. raised its stake in iShares MSCI Brazil ETF by 21.0% in 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 in the last quarter. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ opened at $33.73 on Monday. The company has a 50-day simple moving average of $37.50 and a two-hundred day simple moving average of $36.28. The firm has a market capitalization of $9.84 billion, a PE ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a one year low of $26.30 and a one year high of $42.02.

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.