Strs Ohio Takes $7.26 Million Position in iShares MSCI Brazil ETF $EWZ

Strs Ohio purchased a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 281,000 shares of the exchange traded fund’s stock, valued at approximately $7,264,000. Strs Ohio owned 0.19% of iShares MSCI Brazil ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. New Vernon Capital Holdings II LLC bought a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $156,653,000. NewEdge Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after acquiring an additional 1,500 shares during the period. Dark Forest Capital Management LP bought a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $3,553,000. Royal Bank of Canada grew its position in shares of iShares MSCI Brazil ETF by 18.0% during the 1st quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock valued at $8,894,000 after acquiring an additional 52,532 shares during the period. Finally, Graham Capital Management L.P. bought a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $4,558,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ stock opened at $30.03 on Monday. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year high of $30.52. The firm has a fifty day moving average price of $28.09 and a 200-day moving average price of $27.15. The company has a market cap of $5.59 billion, a price-to-earnings ratio of 9.58 and a beta of 0.97.

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).