D.A. Davidson & CO. Purchases Shares of 61,188 iShares MSCI Brazil ETF $EWZ

D.A. Davidson & CO. purchased a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 61,188 shares of the exchange traded fund’s stock, valued at approximately $2,349,000.

A number of other institutional investors have also modified their holdings of EWZ. NewEdge Advisors LLC boosted its stake in shares of iShares MSCI Brazil ETF by 819.7% in the first 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 during the last quarter. Parallel Advisors LLC raised its position in iShares MSCI Brazil ETF by 16.7% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after acquiring an additional 293 shares in the last quarter. Kapitalo Investimentos Ltda raised its position in iShares MSCI Brazil ETF by 462.5% during the fourth quarter. Kapitalo Investimentos Ltda now owns 900,000 shares of the exchange traded fund’s stock valued at $72,000 after acquiring an additional 740,000 shares in the last quarter. Triumph Capital Management purchased a new position in iShares MSCI Brazil ETF during the third quarter valued at approximately $90,000. Finally, Waterford Advisors LLC acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at approximately $117,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Trading Up 0.7%

iShares MSCI Brazil ETF stock opened at $35.48 on Tuesday. iShares MSCI Brazil ETF has a 12 month low of $26.30 and a 12 month high of $42.02. The stock’s 50 day simple moving average is $35.21 and its two-hundred day simple moving average is $36.64. The firm has a market cap of $8.98 billion, a PE ratio of 9.58 and a beta of 0.61.

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.