iShares MSCI Brazil ETF $EWZ Stock Holdings Boosted by Innealta Capital LLC

Innealta Capital LLC grew its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 482.8% during the 1st quarter, Holdings Channel reports. The firm owned 46,676 shares of the exchange traded fund’s stock after purchasing an additional 38,667 shares during the period. iShares MSCI Brazil ETF comprises 1.1% of Innealta Capital LLC’s investment portfolio, making the stock its 27th largest position. Innealta Capital LLC’s holdings in iShares MSCI Brazil ETF were worth $1,792,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. Parallel Advisors LLC grew its holdings in iShares MSCI Brazil ETF by 16.7% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 293 shares during the period. Kapitalo Investimentos Ltda grew its holdings in iShares MSCI Brazil ETF by 462.5% during the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock worth $72,000 after acquiring an additional 740,000 shares during the period. Triumph Capital Management bought a new stake in iShares MSCI Brazil ETF in the third quarter worth about $90,000. Finally, Waterford Advisors LLC bought a new stake in iShares MSCI Brazil ETF in the fourth quarter worth about $117,000. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA EWZ opened at $35.93 on Monday. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02. The firm has a 50-day moving average of $35.66 and a two-hundred day moving average of $36.47. The company has a market capitalization of $9.28 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61.

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). 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.