iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Purchased by DRW Securities LLC

DRW Securities LLC increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 283.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 592,859 shares of the exchange traded fund’s stock after acquiring an additional 438,376 shares during the quarter. iShares MSCI Brazil ETF makes up 0.6% of DRW Securities LLC’s portfolio, making the stock its 17th biggest holding. DRW Securities LLC’s holdings in iShares MSCI Brazil ETF were worth $16,203,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in EWZ. Retirement Planning Co of New England Inc. raised its stake in shares of iShares MSCI Brazil ETF by 5.5% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 6,774 shares of the exchange traded fund’s stock valued at $220,000 after acquiring an additional 355 shares during the period. CWM LLC increased its holdings in iShares MSCI Brazil ETF by 17.2% in the 2nd quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock valued at $77,000 after purchasing an additional 412 shares during the last quarter. Banque Cantonale Vaudoise raised its position in iShares MSCI Brazil ETF by 2.3% in the second quarter. Banque Cantonale Vaudoise now owns 19,189 shares of the exchange traded fund’s stock valued at $524,000 after purchasing an additional 434 shares during the period. Wellington Shields Capital Management LLC lifted its stake in iShares MSCI Brazil ETF by 0.9% during the second quarter. Wellington Shields Capital Management LLC now owns 55,300 shares of the exchange traded fund’s stock worth $1,511,000 after purchasing an additional 500 shares in the last quarter. Finally, Picton Mahoney Asset Management boosted its position in shares of iShares MSCI Brazil ETF by 1.1% during the first quarter. Picton Mahoney Asset Management now owns 62,092 shares of the exchange traded fund’s stock worth $2,013,000 after buying an additional 670 shares during the period.

iShares MSCI Brazil ETF Trading Down 3.1 %

Shares of NYSEARCA EWZ opened at $29.19 on Friday. iShares MSCI Brazil ETF has a twelve month low of $26.23 and a twelve month high of $35.74. The stock has a fifty day simple moving average of $29.15 and a 200-day simple moving average of $30.03. The stock has a market capitalization of $4.58 billion, a PE ratio of 5.65 and a beta of 0.93.

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).