Investors Purchase Large Volume of Call Options on iShares MSCI Brazil ETF (NYSEARCA:EWZ)

iShares MSCI Brazil ETF (NYSEARCA:EWZ) was the recipient of unusually large options trading on Friday. Stock traders bought 231,135 call options on the stock. This is an increase of 42% compared to the average volume of 162,369 call options.

Hedge Funds Weigh In On iShares MSCI Brazil ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Zacks Investment Management boosted its holdings in shares of iShares MSCI Brazil ETF by 1.9% during the third quarter. Zacks Investment Management now owns 25,883 shares of the exchange traded fund’s stock valued at $763,000 after acquiring an additional 484 shares during the period. GenTrust LLC lifted its position in iShares MSCI Brazil ETF by 5.6% in the 4th quarter. GenTrust LLC now owns 9,446 shares of the exchange traded fund’s stock valued at $213,000 after purchasing an additional 500 shares during the last quarter. FMR LLC lifted its position in iShares MSCI Brazil ETF by 174.5% in the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 602 shares during the last quarter. X Square Capital LLC lifted its position in iShares MSCI Brazil ETF by 5.7% in the 4th quarter. X Square Capital LLC now owns 15,976 shares of the exchange traded fund’s stock valued at $360,000 after purchasing an additional 864 shares during the last quarter. Finally, Insigneo Advisory Services LLC lifted its position in iShares MSCI Brazil ETF by 7.1% in the 3rd quarter. Insigneo Advisory Services LLC now owns 16,242 shares of the exchange traded fund’s stock valued at $479,000 after purchasing an additional 1,079 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $26.37 on Friday. The stock’s 50 day moving average price is $24.07 and its 200 day moving average price is $27.00. The firm has a market capitalization of $4.14 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a one year low of $22.26 and a one year high of $34.13.

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).