Hollencrest Capital Management Grows Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Hollencrest Capital Management lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 267.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,740 shares of the exchange traded fund’s stock after buying an additional 10,000 shares during the quarter. Hollencrest Capital Management’s holdings in iShares MSCI Brazil ETF were worth $309,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of EWZ. Perigon Wealth Management LLC purchased a new stake in iShares MSCI Brazil ETF during the 4th quarter valued at about $215,000. FMR LLC grew its position in iShares MSCI Brazil ETF by 174.5% during 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. Sanctuary Advisors LLC grew its position in iShares MSCI Brazil ETF by 7.3% during the 4th quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock valued at $768,000 after purchasing an additional 2,310 shares during the last quarter. V Square Quantitative Management LLC grew its position in iShares MSCI Brazil ETF by 19.7% during the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock valued at $149,000 after purchasing an additional 1,094 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in iShares MSCI Brazil ETF by 13.2% during the 4th quarter. Geneos Wealth Management Inc. now owns 22,331 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 2,602 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

Shares of EWZ stock opened at $24.48 on Thursday. iShares MSCI Brazil ETF has a one year low of $22.26 and a one year high of $33.00. The company’s 50-day moving average is $24.53 and its 200 day moving average is $26.47. The company has a market capitalization of $3.18 billion, a price-to-earnings ratio of 8.22 and a beta of 1.17.

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).