Cypress Capital Group Boosts Stake in iShares MSCI Brazil ETF $EWZ

Cypress Capital Group lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,512 shares of the exchange traded fund’s stock after purchasing an additional 13,887 shares during the period. Cypress Capital Group’s holdings in iShares MSCI Brazil ETF were worth $3,581,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of EWZ. Aberdeen Wealth Management LLC acquired a new stake in iShares MSCI Brazil ETF in the second quarter valued at approximately $29,000. Private Trust Co. NA lifted its position in shares of iShares MSCI Brazil ETF by 114.4% during the 3rd quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 572 shares in the last quarter. Farther Finance Advisors LLC grew its stake in iShares MSCI Brazil ETF by 388.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 970 shares during the period. First Horizon Advisors Inc. grew its stake in iShares MSCI Brazil ETF by 143.5% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $38,000 after acquiring an additional 775 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 1,500 shares in the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 0.5%

EWZ opened at $38.12 on Friday. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. iShares MSCI Brazil ETF has a 52-week low of $23.05 and a 52-week high of $38.88. The firm’s fifty day simple moving average is $33.22 and its two-hundred day simple moving average is $30.85.

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.