PFG Advisors Invests $219,000 in iShares MSCI Brazil ETF (EWZ) Stock

PFG Advisors bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,104 shares of the exchange traded fund’s stock, valued at approximately $219,000.

Several other hedge funds have also recently modified their holdings of EWZ. The Manufacturers Life Insurance Company increased its position in shares of iShares MSCI Brazil ETF by 11.2% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,805,014 shares of the exchange traded fund’s stock valued at $60,883,000 after acquiring an additional 181,313 shares during the period. Verde Servicos Internacionais S.A. increased its position in shares of iShares MSCI Brazil ETF by 5.6% in the 4th quarter. Verde Servicos Internacionais S.A. now owns 1,739,409 shares of the exchange traded fund’s stock valued at $66,445,000 after acquiring an additional 92,709 shares during the period. City of London Investment Management Co. Ltd. increased its position in shares of iShares MSCI Brazil ETF by 5,193.4% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 926,351 shares of the exchange traded fund’s stock valued at $31,288,000 after acquiring an additional 908,851 shares during the period. BlackRock Inc. increased its position in shares of iShares MSCI Brazil ETF by 0.9% in the 2nd quarter. BlackRock Inc. now owns 911,601 shares of the exchange traded fund’s stock valued at $29,216,000 after acquiring an additional 8,236 shares during the period. Finally, PointState Capital LP acquired a new position in shares of iShares MSCI Brazil ETF in the 3rd quarter valued at $20,795,000.

Shares of NYSEARCA EWZ traded up $1.21 during mid-day trading on Tuesday, hitting $43.70. The stock had a trading volume of 36,997,000 shares, compared to its average volume of 27,822,635. iShares MSCI Brazil ETF has a twelve month low of $30.65 and a twelve month high of $47.20.

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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).

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