iShares MSCI Brazil Index (EWZ) Stake Increased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. boosted its holdings in shares of iShares MSCI Brazil Index (NYSEARCA:EWZ) by 5.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 220,106 shares of the exchange traded fund’s stock after buying an additional 11,045 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.13% of iShares MSCI Brazil Index worth $9,178,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. raised its stake in iShares MSCI Brazil Index by 194.1% during the second quarter. PNC Financial Services Group Inc. now owns 3,356 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 2,215 shares in the last quarter. Murphy Capital Management Inc. purchased a new stake in iShares MSCI Brazil Index during the third quarter valued at $203,000. Financial Counselors Inc. purchased a new stake in iShares MSCI Brazil Index during the third quarter valued at $206,000. D.A. Davidson & CO. raised its stake in iShares MSCI Brazil Index by 45.3% during the second quarter. D.A. Davidson & CO. now owns 6,348 shares of the exchange traded fund’s stock valued at $216,000 after purchasing an additional 1,978 shares in the last quarter. Finally, Analyst IMS Investment Management Services Ltd. purchased a new stake in shares of iShares MSCI Brazil Index in the third quarter valued at $225,000.

iShares MSCI Brazil Index (EWZ) traded up $0.14 during mid-day trading on Friday, reaching $40.45. 3,180,000 shares of the company traded hands. The stock has a market cap of $7,670.00 and a P/E ratio of -5.62. iShares MSCI Brazil Index has a 52 week low of $31.78 and a 52 week high of $44.03.

The firm also recently announced a semiannual dividend, which will be paid on Thursday, January 4th. Shareholders of record on Friday, December 29th will be issued a dividend of $0.0504 per share. This represents a yield of 0.25%. The ex-dividend date of this dividend is Thursday, December 28th. iShares MSCI Brazil Index’s payout ratio is -14.44%.

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About iShares MSCI Brazil Index

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).

Institutional Ownership by Quarter for iShares MSCI Brazil Index (NYSEARCA:EWZ)

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