Raymond James & Associates Boosts Stock Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Raymond James & Associates increased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 31.6% in the 4th quarter, HoldingsChannel reports. The firm owned 84,979 shares of the exchange traded fund’s stock after purchasing an additional 20,409 shares during the period. Raymond James & Associates’ holdings in iShares MSCI Brazil ETF were worth $2,971,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Raymond James Financial Services Advisors Inc. grew its position in iShares MSCI Brazil ETF by 33.8% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 20,189 shares of the exchange traded fund’s stock worth $763,000 after buying an additional 5,105 shares during the period. Cetera Advisor Networks LLC grew its position in iShares MSCI Brazil ETF by 29.3% during the first quarter. Cetera Advisor Networks LLC now owns 11,064 shares of the exchange traded fund’s stock worth $418,000 after buying an additional 2,507 shares during the period. PNC Financial Services Group Inc. grew its position in iShares MSCI Brazil ETF by 124.4% during the first quarter. PNC Financial Services Group Inc. now owns 902 shares of the exchange traded fund’s stock worth $34,000 after buying an additional 500 shares during the period. BlackRock Inc. grew its position in iShares MSCI Brazil ETF by 6.9% during the first quarter. BlackRock Inc. now owns 1,534,998 shares of the exchange traded fund’s stock worth $58,039,000 after buying an additional 99,673 shares during the period. Finally, Baird Financial Group Inc. acquired a new position in iShares MSCI Brazil ETF during the first quarter worth about $763,000.

iShares MSCI Brazil ETF Trading Down 1.7 %

Shares of EWZ opened at $31.27 on Monday. The firm’s 50-day moving average is $32.67 and its two-hundred day moving average is $32.70. iShares MSCI Brazil ETF has a twelve month low of $27.20 and a twelve month high of $35.74. The firm has a market capitalization of $4.91 billion, a P/E ratio of 5.69 and a beta of 0.93.

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).