Y Intercept Hong Kong Ltd Makes New Investment in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Y Intercept Hong Kong Ltd purchased a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 4th quarter, HoldingsChannel reports. The fund purchased 103,005 shares of the exchange traded fund’s stock, valued at approximately $2,319,000.

Several other institutional investors have also modified their holdings of the business. Union Bancaire Privee UBP SA acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth $2,325,000. Sanctuary Advisors LLC grew its stake in shares of iShares MSCI Brazil ETF by 7.3% in the fourth quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock worth $768,000 after acquiring an additional 2,310 shares in the last quarter. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI Brazil ETF by 43.8% in the fourth quarter. Catalyst Capital Advisors LLC now owns 896,780 shares of the exchange traded fund’s stock worth $20,187,000 after acquiring an additional 273,150 shares in the last quarter. ABC Arbitrage SA acquired a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth $517,000. Finally, V Square Quantitative Management LLC grew its stake in shares of iShares MSCI Brazil ETF by 19.7% in the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after acquiring an additional 1,094 shares in the last quarter.

iShares MSCI Brazil ETF Trading Down 1.6 %

iShares MSCI Brazil ETF stock opened at $25.06 on Tuesday. The stock has a market cap of $3.25 billion, a P/E ratio of 8.22 and a beta of 1.17. The company has a fifty day simple moving average of $24.11 and a 200-day simple moving average of $26.92. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $34.13.

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).