VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Shares Down 0.3% – Here’s Why

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF)’s stock price traded down 0.3% during trading on Friday . The company traded as low as $15.80 and last traded at $15.86. 11,137 shares were traded during mid-day trading, an increase of 51% from the average session volume of 7,390 shares. The stock had previously closed at $15.90.

VanEck Brazil Small-Cap ETF Price Performance

The business has a fifty day simple moving average of $16.44 and a two-hundred day simple moving average of $17.77. The company has a market cap of $21.41 million, a PE ratio of 9.69 and a beta of 0.79.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in BRF. Jane Street Group LLC bought a new stake in VanEck Brazil Small-Cap ETF during the fourth quarter valued at about $170,000. Citadel Advisors LLC bought a new position in VanEck Brazil Small-Cap ETF in the third quarter worth about $236,000. Susquehanna International Group LLP purchased a new stake in shares of VanEck Brazil Small-Cap ETF during the third quarter valued at about $258,000. Gould Asset Management LLC CA lifted its position in shares of VanEck Brazil Small-Cap ETF by 4.7% during the first quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock valued at $405,000 after buying an additional 985 shares during the last quarter. Finally, LPL Financial LLC lifted its position in shares of VanEck Brazil Small-Cap ETF by 5.1% during the fourth quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after buying an additional 2,200 shares during the last quarter.

VanEck Brazil Small-Cap ETF Company Profile

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.