Allianz SE Purchases Shares of 56,993 iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Allianz SE acquired a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 56,993 shares of the exchange traded fund’s stock, valued at approximately $1,283,000.

A number of other institutional investors and hedge funds have also made changes to their positions in EWZ. FMR LLC lifted its stake in iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 602 shares during the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the 4th quarter valued at $40,000. Finley Financial LLC purchased a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth $77,000. Ameliora Wealth Management Ltd. acquired a new position in shares of iShares MSCI Brazil ETF during the fourth quarter worth $134,000. Finally, V Square Quantitative Management LLC increased its holdings in 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 valued at $149,000 after buying an additional 1,094 shares during the last quarter.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA EWZ opened at $25.96 on Friday. The business has a 50-day moving average of $25.31 and a two-hundred day moving average of $26.17. The company has a market capitalization of $3.32 billion, a price-to-earnings ratio of 10.38 and a beta of 1.17. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year 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).