iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 6.1% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,800 shares of the exchange traded fund’s stock after purchasing an additional 1,900 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in iShares MSCI Brazil ETF were worth $851,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Whalen Wealth Management Inc. acquired a new position in iShares MSCI Brazil ETF during the 1st quarter worth approximately $2,125,000. Cambridge Investment Research Advisors Inc. grew its holdings in iShares MSCI Brazil ETF by 1,030.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 178,363 shares of the exchange traded fund’s stock worth $4,611,000 after acquiring an additional 162,588 shares in the last quarter. TT Capital Management LLC grew its holdings in iShares MSCI Brazil ETF by 12.9% during the 1st quarter. TT Capital Management LLC now owns 20,150 shares of the exchange traded fund’s stock worth $521,000 after acquiring an additional 2,300 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in iShares MSCI Brazil ETF during the 1st quarter worth approximately $1,247,000. Finally, Insigneo Advisory Services LLC grew its holdings in iShares MSCI Brazil ETF by 117.4% during the 1st quarter. Insigneo Advisory Services LLC now owns 26,035 shares of the exchange traded fund’s stock worth $673,000 after acquiring an additional 14,061 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Up 1.4%

NYSEARCA EWZ opened at $29.31 on Friday. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $31.14. The stock has a market capitalization of $5.32 billion, a PE ratio of 9.58 and a beta of 0.97. The firm has a 50 day moving average of $27.80 and a two-hundred day moving average of $25.76.

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).