Country Club Bank Acquires New Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Country Club Bank acquired a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, Holdings Channel reports. The fund acquired 55,124 shares of the exchange traded fund’s stock, valued at approximately $1,246,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. lifted its stake in shares of iShares MSCI Brazil ETF by 606.2% in the third quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock worth $35,076,000 after buying an additional 1,020,993 shares in the last quarter. LMR Partners LLP lifted its stake in iShares MSCI Brazil ETF by 111.3% in the 3rd quarter. LMR Partners LLP now owns 101,576 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 1,001,576 shares in the last quarter. Money Design Co. Ltd. purchased a new position in iShares MSCI Brazil ETF in the 4th quarter worth approximately $19,296,000. Polianta Ltd acquired a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth approximately $5,618,000. Finally, Point72 DIFC Ltd purchased a new stake in shares of iShares MSCI Brazil ETF in the third quarter valued at approximately $7,293,000.

iShares MSCI Brazil ETF Stock Performance

Shares of iShares MSCI Brazil ETF stock opened at $25.43 on Thursday. The business’s 50 day moving average price is $24.07 and its 200 day moving average price is $27.09. The company has a market cap of $3.99 billion, a price-to-earnings 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.

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).