Patriot Financial Group Insurance Agency LLC Buys 14,741 Shares of iShares MSCI Brazil ETF $EWZ

Patriot Financial Group Insurance Agency LLC boosted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 73.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,810 shares of the exchange traded fund’s stock after purchasing an additional 14,741 shares during the period. Patriot Financial Group Insurance Agency LLC’s holdings in iShares MSCI Brazil ETF were worth $1,336,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Armstrong Advisory Group Inc. boosted its holdings in shares of iShares MSCI Brazil ETF by 1.3% during the fourth quarter. Armstrong Advisory Group Inc. now owns 1,276,599 shares of the exchange traded fund’s stock worth $40,558,000 after purchasing an additional 16,367 shares during the period. Quinn Opportunity Partners LLC increased its holdings in iShares MSCI Brazil ETF by 175.0% during the 3rd quarter. Quinn Opportunity Partners LLC now owns 220,000 shares of the exchange traded fund’s stock valued at $6,820,000 after purchasing an additional 140,000 shares during the period. Black Swift Group LLC raised its position in iShares MSCI Brazil ETF by 17.4% during the 3rd quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock valued at $11,235,000 after purchasing an additional 53,590 shares during the last quarter. Thrivent Financial for Lutherans raised its position in iShares MSCI Brazil ETF by 586.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 328,458 shares of the exchange traded fund’s stock valued at $10,486,000 after purchasing an additional 280,639 shares during the last quarter. Finally, Picton Mahoney Asset Management raised its position in iShares MSCI Brazil ETF by 61.0% during the 3rd quarter. Picton Mahoney Asset Management now owns 77,372 shares of the exchange traded fund’s stock valued at $2,399,000 after purchasing an additional 29,310 shares during the last quarter. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $34.55 on Tuesday. The stock has a market cap of $10.08 billion, a P/E ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a fifty-two week low of $26.30 and a fifty-two week high of $42.02. The stock has a 50 day simple moving average of $36.65 and a two-hundred day simple moving average of $36.31.

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.