Summit Securities Group LLC Purchases New Shares in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Summit Securities Group LLC acquired a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,800 shares of the exchange traded fund’s stock, valued at approximately $108,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Perigon Wealth Management LLC purchased a new position in iShares MSCI Brazil ETF during the 4th quarter valued at about $215,000. FMR LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 174.5% during the third 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 boosted its position in shares of iShares MSCI Brazil ETF by 7.3% in the 4th quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 2,310 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of iShares MSCI Brazil ETF by 35.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 8,920 shares of the exchange traded fund’s stock worth $201,000 after buying an additional 2,315 shares during the last quarter. Finally, V Square Quantitative Management LLC increased 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 buying an additional 1,094 shares in the last quarter.

iShares MSCI Brazil ETF Trading Down 1.4 %

iShares MSCI Brazil ETF stock opened at $25.96 on Friday. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $33.00. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 10.38 and a beta of 1.17. The business’s fifty day simple moving average is $25.31 and its two-hundred day simple moving average is $26.17.

iShares MSCI Brazil ETF 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).