iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. lifted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 22.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 36,993 shares of the exchange traded fund’s stock after purchasing an additional 6,694 shares during the period. Great Valley Advisor Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $1,011,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich acquired a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter valued at approximately $54,000. Global Retirement Partners LLC increased its stake in iShares MSCI Brazil ETF by 131.5% during the first quarter. Global Retirement Partners LLC now owns 1,609 shares of the exchange traded fund’s stock worth $52,000 after acquiring an additional 914 shares during the last quarter. CWM LLC increased its stake in iShares MSCI Brazil ETF by 288.6% during the first quarter. CWM LLC now owns 2,390 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 1,775 shares during the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter worth $214,000. Finally, Bluesphere Advisors LLC acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter worth $224,000.

iShares MSCI Brazil ETF Trading Up 0.2 %

EWZ stock traded up $0.06 during midday trading on Wednesday, hitting $30.02. 9,645,112 shares of the company’s stock were exchanged, compared to its average volume of 21,430,805. The business has a 50-day simple moving average of $28.03 and a two-hundred day simple moving average of $30.63. The stock has a market capitalization of $4.71 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 1-year low of $26.23 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).