Raymond James Financial Inc. Acquires Shares of 189,103 iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Raymond James Financial Inc. bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 4th quarter, HoldingsChannel.com reports. The firm bought 189,103 shares of the exchange traded fund’s stock, valued at approximately $4,257,000.

Several other hedge funds have also modified their holdings of the company. M&T Bank Corp purchased a new position in iShares MSCI Brazil ETF in the fourth quarter worth approximately $542,000. SBI Securities Co. Ltd. acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at $608,000. GenTrust LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 5.6% in the fourth quarter. GenTrust LLC now owns 9,446 shares of the exchange traded fund’s stock valued at $213,000 after acquiring an additional 500 shares during the period. Millburn Ridgefield Corp raised its holdings in shares of iShares MSCI Brazil ETF by 43.8% in the fourth quarter. Millburn Ridgefield Corp now owns 896,780 shares of the exchange traded fund’s stock valued at $20,187,000 after buying an additional 273,150 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new position in shares of iShares MSCI Brazil ETF in the 4th quarter valued at approximately $2,319,000.

iShares MSCI Brazil ETF Stock Down 0.5 %

Shares of NYSEARCA:EWZ opened at $26.30 on Thursday. The firm’s 50-day simple moving average is $25.20 and its 200-day simple moving average is $26.21. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 10.38 and a beta of 1.17. iShares MSCI Brazil ETF has a fifty-two week low of $22.26 and a fifty-two week high of $33.00.

iShares MSCI Brazil ETF Company 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).