iShares MSCI Brazil ETF $EWZ Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 410.8% during the third quarter, HoldingsChannel reports. The institutional investor owned 47,819 shares of the exchange traded fund’s stock after buying an additional 38,458 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares MSCI Brazil ETF were worth $1,482,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Phoenix Financial Ltd. grew its position in shares of iShares MSCI Brazil ETF by 276.2% during the second quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock worth $190,670,000 after acquiring an additional 4,852,250 shares during the last quarter. Man Group plc grew its position in iShares MSCI Brazil ETF by 7,362.6% during the 2nd quarter. Man Group plc now owns 1,392,230 shares of the exchange traded fund’s stock worth $40,166,000 after purchasing an additional 1,373,574 shares during the last quarter. Nan Fung Trinity HK Ltd. increased its stake in iShares MSCI Brazil ETF by 136.7% in the third quarter. Nan Fung Trinity HK Ltd. now owns 2,005,000 shares of the exchange traded fund’s stock valued at $62,155,000 after purchasing an additional 1,157,900 shares during the period. Caxton Associates LLP purchased a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at about $30,788,000. Finally, Simplex Trading LLC boosted its stake in shares of iShares MSCI Brazil ETF by 1,006.5% during the second quarter. Simplex Trading LLC now owns 955,457 shares of the exchange traded fund’s stock worth $27,564,000 after buying an additional 869,110 shares during the period. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 1.7%

NYSEARCA EWZ opened at $38.49 on Friday. The firm has a market cap of $9.09 billion, a P/E 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 $39.45. The business’s 50-day moving average price is $34.12 and its 200 day moving average price is $31.58.

iShares MSCI Brazil ETF 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). 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.