Janney Montgomery Scott LLC Takes $1.04 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 32,024 shares of the exchange traded fund’s stock, valued at approximately $1,039,000.

Several other hedge funds have also modified their holdings of the stock. Ahrens Investment Partners LLC acquired a new stake in iShares MSCI Brazil ETF during the 1st quarter worth about $25,000. PNC Financial Services Group Inc. grew its stake in iShares MSCI Brazil ETF by 124.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 902 shares of the exchange traded fund’s stock valued at $34,000 after acquiring an additional 500 shares in the last quarter. MRP Capital Investments LLC grew its stake in iShares MSCI Brazil ETF by 415.0% during the 1st quarter. MRP Capital Investments LLC now owns 2,060 shares of the exchange traded fund’s stock valued at $56,000 after acquiring an additional 1,660 shares in the last quarter. Sound Income Strategies LLC grew its stake in iShares MSCI Brazil ETF by 7,641.4% during the 2nd quarter. Sound Income Strategies LLC now owns 2,245 shares of the exchange traded fund’s stock valued at $73,000 after acquiring an additional 2,216 shares in the last quarter. Finally, Lowe Wealth Advisors LLC purchased a new position in iShares MSCI Brazil ETF during the 2nd quarter valued at about $91,000.

iShares MSCI Brazil ETF Price Performance

NYSEARCA:EWZ opened at $30.23 on Wednesday. iShares MSCI Brazil ETF has a fifty-two week low of $25.00 and a fifty-two week high of $34.59. The stock’s 50-day moving average is $30.80 and its two-hundred day moving average is $30.81. The stock has a market cap of $4.98 billion, a PE ratio of 5.86 and a beta of 0.97.

About iShares MSCI Brazil ETF

(Free Report)

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).

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Institutional Ownership by Quarter for iShares MSCI Brazil ETF (NYSEARCA:EWZ)

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