VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Down 0.1% – Should You Sell?

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF)’s share price traded down 0.1% on Friday . The company traded as low as $16.67 and last traded at $16.83. Approximately 1,996 shares traded hands during trading, a decline of 72% from the average daily volume of 7,186 shares. The stock had previously closed at $16.84.

VanEck Brazil Small-Cap ETF Price Performance

The company has a 50 day moving average of $16.02 and a 200-day moving average of $17.37. The company has a market capitalization of $22.72 million, a P/E ratio of 9.69 and a beta of 0.79.

Institutional Investors Weigh In On VanEck Brazil Small-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Gould Asset Management LLC CA boosted its stake in VanEck Brazil Small-Cap ETF by 4.7% during the first quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock worth $405,000 after acquiring an additional 985 shares in the last quarter. LPL Financial LLC grew its position in VanEck Brazil Small-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock worth $724,000 after purchasing an additional 2,200 shares during the period. Jane Street Group LLC grew its holdings in shares of VanEck Brazil Small-Cap ETF by 44.9% in the second quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock worth $242,000 after acquiring an additional 4,873 shares during the period. OLD Mission Capital LLC increased its position in shares of VanEck Brazil Small-Cap ETF by 21.5% during 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. Finally, Citadel Advisors LLC purchased a new stake in VanEck Brazil Small-Cap ETF during the third quarter valued at approximately $236,000.

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.