Itau Unibanco Holding S.A. Has $35.08 Million Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Itau Unibanco Holding S.A. lifted its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 606.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,189,412 shares of the exchange traded fund’s stock after buying an additional 1,020,993 shares during the quarter. iShares MSCI Brazil ETF comprises approximately 1.2% of Itau Unibanco Holding S.A.’s investment portfolio, making the stock its 24th largest holding. Itau Unibanco Holding S.A. owned about 0.76% of iShares MSCI Brazil ETF worth $35,076,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of EWZ. FMR LLC lifted its stake 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 acquiring an additional 602 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $36,000. International Assets Investment Management LLC bought a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $61,000. CWM LLC raised its stake in shares of iShares MSCI Brazil ETF by 17.2% during the 2nd quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock worth $77,000 after purchasing an additional 412 shares during the period. Finally, Hollencrest Capital Management bought a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $102,000.

iShares MSCI Brazil ETF Price Performance

NYSEARCA EWZ opened at $25.24 on Tuesday. iShares MSCI Brazil ETF has a one year low of $25.08 and a one year high of $35.74. The business’s fifty day moving average is $28.10 and its 200-day moving average is $28.66. The stock has a market capitalization of $3.96 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93.

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).