Sumitomo Mitsui Trust Group Inc. Grows Holdings in iShares MSCI Brazil ETF $EWZ

Sumitomo Mitsui Trust Group Inc. raised its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 152.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,670 shares of the exchange traded fund’s stock after purchasing an additional 19,750 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $943,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. North Capital Inc. bought a new stake in shares of iShares MSCI Brazil ETF during the 1st quarter valued at $26,000. WealthShield Partners LLC purchased a new stake in iShares MSCI Brazil ETF in the 1st quarter worth $37,000. NewEdge Advisors LLC increased its stake in iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after buying an additional 1,500 shares in the last quarter. Parallel Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 60.0% during the second quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 660 shares during the period. Finally, Harbour Investments Inc. lifted its position in shares of iShares MSCI Brazil ETF by 92.0% in the second quarter. Harbour Investments Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 855 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Stock Up 0.4%

NYSEARCA EWZ opened at $31.17 on Friday. iShares MSCI Brazil ETF has a twelve month low of $22.26 and a twelve month high of $31.46. The business has a 50-day moving average price of $30.06 and a 200-day moving average price of $28.39. The firm has a market cap of $6.02 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87.

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).