Kawa Capital Management Inc Takes Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Kawa Capital Management Inc purchased a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 400,000 shares of the exchange traded fund’s stock, valued at approximately $9,004,000. iShares MSCI Brazil ETF accounts for about 24.4% of Kawa Capital Management Inc’s investment portfolio, making the stock its 2nd largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in EWZ. 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. FNY Investment Advisers LLC bought a new stake in iShares MSCI Brazil ETF in the 4th quarter worth about $40,000. Finley Financial LLC bought a new stake in shares of iShares MSCI Brazil ETF in the fourth quarter worth approximately $77,000. Ameliora Wealth Management Ltd. purchased a new stake in iShares MSCI Brazil ETF during the 4th quarter valued at $134,000. Finally, V Square Quantitative Management LLC increased its position in iShares MSCI Brazil ETF by 19.7% during the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock valued at $149,000 after acquiring an additional 1,094 shares during the last quarter.

iShares MSCI Brazil ETF Trading Up 0.1 %

EWZ opened at $26.33 on Friday. The company’s 50 day moving average is $25.26 and its 200 day moving average is $26.21. The company has a market cap of $3.36 billion, a price-to-earnings ratio of 10.38 and a beta of 1.17. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $33.00.

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).