Black Swift Group LLC Boosts Stake in iShares MSCI Brazil ETF $EWZ

Black Swift Group LLC increased its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 17.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 362,435 shares of the exchange traded fund’s stock after buying an additional 53,590 shares during the quarter. iShares MSCI Brazil ETF comprises approximately 2.0% of Black Swift Group LLC’s investment portfolio, making the stock its 12th biggest holding. Black Swift Group LLC owned 0.19% of iShares MSCI Brazil ETF worth $11,235,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in EWZ. Global Retirement Partners LLC grew its stake in iShares MSCI Brazil ETF by 11.0% during the 3rd quarter. Global Retirement Partners LLC now owns 3,975 shares of the exchange traded fund’s stock valued at $123,000 after acquiring an additional 395 shares in the last quarter. Retirement Planning Co of New England Inc. lifted its stake in iShares MSCI Brazil ETF by 5.4% in the 3rd quarter. Retirement Planning Co of New England Inc. now owns 8,093 shares of the exchange traded fund’s stock worth $251,000 after purchasing an additional 413 shares in the last quarter. Samalin Investment Counsel LLC lifted its stake in iShares MSCI Brazil ETF by 5.1% in the 3rd quarter. Samalin Investment Counsel LLC now owns 8,699 shares of the exchange traded fund’s stock worth $270,000 after purchasing an additional 425 shares in the last quarter. Ameriflex Group Inc. boosted its holdings in shares of iShares MSCI Brazil ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 440 shares during the last quarter. Finally, Private Trust Co. NA grew its position in shares of iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 572 shares in the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $36.28 on Friday. iShares MSCI Brazil ETF has a one year low of $23.05 and a one year high of $39.69. The stock has a market cap of $8.56 billion, a PE ratio of 9.58 and a beta of 0.87. The stock has a 50 day moving average price of $36.07 and a 200 day moving average price of $32.81.

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.