103,775 Shares in iShares MSCI Brazil ETF (NYSEARCA:EWZ) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 103,775 shares of the exchange traded fund’s stock, valued at approximately $2,325,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Itau Unibanco Holding S.A. grew its holdings in iShares MSCI Brazil ETF by 606.2% in the 3rd quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock valued at $35,076,000 after buying an additional 1,020,993 shares during the period. LMR Partners LLP increased its position in iShares MSCI Brazil ETF by 111.3% during the third 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 during the last quarter. Polianta Ltd purchased a new position in iShares MSCI Brazil ETF during the fourth quarter worth approximately $5,618,000. Point72 DIFC Ltd purchased a new position in iShares MSCI Brazil ETF during the third quarter worth approximately $7,293,000. Finally, SG Americas Securities LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 8.1% in the 4th quarter. SG Americas Securities LLC now owns 1,882,208 shares of the exchange traded fund’s stock valued at $42,369,000 after purchasing an additional 141,277 shares during the last quarter.

iShares MSCI Brazil ETF Trading Up 1.2 %

Shares of EWZ opened at $24.64 on Tuesday. The stock’s fifty day simple moving average is $24.34 and its 200 day simple moving average is $27.26. iShares MSCI Brazil ETF has a twelve month low of $22.26 and a twelve month high of $34.13. The firm has a market capitalization of $3.87 billion, a P/E ratio of 5.65 and a beta of 0.93.

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).