iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS) Trading Up 0.3% – Should You Buy?

iShares MSCI Brazil Small-Cap ETF (NASDAQ:EWZS)’s stock price were up 0.3% on Wednesday . The stock traded as high as $11.93 and last traded at $11.88. Approximately 1,248,264 shares traded hands during trading, an increase of 222% from the average daily volume of 387,654 shares. The stock had previously closed at $11.85.

iShares MSCI Brazil Small-Cap ETF Stock Performance

The firm’s 50 day moving average is $12.44 and its 200-day moving average is $12.62. The stock has a market capitalization of $140.67 million, a price-to-earnings ratio of 9.09 and a beta of 1.10.

Hedge Funds Weigh In On iShares MSCI Brazil Small-Cap ETF

A number of large investors have recently bought and sold shares of EWZS. Quadrature Capital Ltd purchased a new stake in shares of iShares MSCI Brazil Small-Cap ETF in the first quarter valued at approximately $760,000. Jane Street Group LLC lifted its position in shares of iShares MSCI Brazil Small-Cap ETF by 4.4% during the 1st quarter. Jane Street Group LLC now owns 332,111 shares of the company’s stock valued at $4,829,000 after buying an additional 14,124 shares in the last quarter. RPg Family Wealth Advisory LLC grew its stake in iShares MSCI Brazil Small-Cap ETF by 5.0% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 110,444 shares of the company’s stock valued at $1,297,000 after acquiring an additional 5,238 shares during the period. Finally, Heartwood Wealth Advisors LLC increased its holdings in iShares MSCI Brazil Small-Cap ETF by 12.0% in the 3rd quarter. Heartwood Wealth Advisors LLC now owns 30,407 shares of the company’s stock worth $383,000 after acquiring an additional 3,255 shares in the last quarter.

About iShares MSCI Brazil Small-Cap ETF

iShares MSCI Brazil Small-Cap ETF, formerly iShares MSCI Brazil Small Cap Index Fund (the Fund), is an exchange traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Brazil Small Cap Index (the Underlying Index). The Underlying Index is a free-float adjusted market capitalization weighted index designed to measure the performance of equity securities in the bottom 14% by market capitalization of equity securities listed on stock exchanges in Brazil.