Picton Mahoney Asset Management Acquires 29,310 Shares of iShares MSCI Brazil ETF $EWZ

Picton Mahoney Asset Management lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 61.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,372 shares of the exchange traded fund’s stock after buying an additional 29,310 shares during the quarter. Picton Mahoney Asset Management’s holdings in iShares MSCI Brazil ETF were worth $2,399,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. CI Investments Inc. grew its position in iShares MSCI Brazil ETF by 11.1% in the 3rd quarter. CI Investments Inc. now owns 50,000 shares of the exchange traded fund’s stock valued at $1,550,000 after acquiring an additional 5,000 shares during the last quarter. Kingsview Wealth Management LLC bought a new position in shares of iShares MSCI Brazil ETF in the third quarter worth about $5,737,000. Bedell Frazier Investment Counselling LLC grew its holdings in shares of iShares MSCI Brazil ETF by 1.7% in the third quarter. Bedell Frazier Investment Counselling LLC now owns 173,953 shares of the exchange traded fund’s stock worth $5,393,000 after purchasing an additional 2,828 shares during the last quarter. Allianz SE increased its stake in iShares MSCI Brazil ETF by 4.9% in the 3rd quarter. Allianz SE now owns 62,756 shares of the exchange traded fund’s stock worth $1,945,000 after buying an additional 2,905 shares during the period. Finally, Bleakley Financial Group LLC lifted its holdings in iShares MSCI Brazil ETF by 37.7% during the 3rd quarter. Bleakley Financial Group LLC now owns 69,432 shares of the exchange traded fund’s stock valued at $2,152,000 after buying an additional 19,015 shares in the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

iShares MSCI Brazil ETF stock opened at $36.36 on Friday. The stock has a market cap of $8.58 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. The firm has a 50-day moving average of $35.98 and a two-hundred day moving average of $32.72. iShares MSCI Brazil ETF has a 1 year low of $23.05 and a 1 year high of $39.69.

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.