International Assets Investment Management LLC Makes New Investment in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

International Assets Investment Management LLC bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 76,667 shares of the exchange traded fund’s stock, valued at approximately $2,680,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in EWZ. KB Financial Partners LLC acquired a new position in shares of iShares MSCI Brazil ETF during the 3rd quarter worth approximately $31,000. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI Brazil ETF by 124.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 902 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares in the last quarter. Tower Research Capital LLC TRC boosted its position in shares of iShares MSCI Brazil ETF by 193.8% during the 3rd quarter. Tower Research Capital LLC TRC now owns 1,178 shares of the exchange traded fund’s stock worth $36,000 after acquiring an additional 777 shares in the last quarter. Private Trust Co. NA acquired a new stake in shares of iShares MSCI Brazil ETF during the 3rd quarter worth approximately $38,000. Finally, Blair William & Co. IL boosted its position in shares of iShares MSCI Brazil ETF by 94.8% during the 3rd quarter. Blair William & Co. IL now owns 3,250 shares of the exchange traded fund’s stock worth $100,000 after acquiring an additional 1,582 shares in the last quarter.

iShares MSCI Brazil ETF Trading Down 0.2 %

NYSEARCA EWZ opened at $30.11 on Friday. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of 5.69 and a beta of 0.93. The firm’s 50 day simple moving average is $32.45 and its 200 day simple moving average is $32.66. iShares MSCI Brazil ETF has a 1 year low of $27.20 and a 1 year high of $35.74.

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).