7,800 Shares in iShares MSCI Brazil ETF $EWZ Bought by D.A. Davidson & CO.

D.A. Davidson & CO. bought a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 7,800 shares of the exchange traded fund’s stock, valued at approximately $225,000.

Several other hedge funds also recently modified their holdings of the stock. Phoenix Financial Ltd. grew its holdings in shares of iShares MSCI Brazil ETF by 276.2% in the 2nd quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock valued at $190,670,000 after acquiring an additional 4,852,250 shares in the last quarter. JTC Employer Solutions Trustee Ltd grew its holdings in iShares MSCI Brazil ETF by 87.2% during the second quarter. JTC Employer Solutions Trustee Ltd now owns 7,730 shares of the exchange traded fund’s stock worth $223,000 after purchasing an additional 3,600 shares during the period. Primoris Wealth Advisors LLC bought a new position in iShares MSCI Brazil ETF during the second quarter worth about $1,168,000. Stratos Wealth Advisors LLC bought a new position in iShares MSCI Brazil ETF during the second quarter worth about $4,681,000. Finally, Copia Wealth Management bought a new position in iShares MSCI Brazil ETF during the second quarter worth about $98,000. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $31.17 on Friday. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $31.46. The stock has a market capitalization of $6.02 billion, a P/E ratio of 9.58 and a beta of 0.87. The stock has a 50-day simple moving average of $30.06 and a 200 day simple moving average of $28.39.

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).