Financial Gravity Companies Inc. acquired a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, Holdings Channel reports. The firm acquired 1,826 shares of the exchange traded fund’s stock, valued at approximately $83,000.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Man Group plc increased its holdings in shares of iShares MSCI Brazil ETF by 122.5% in the third quarter. Man Group plc now owns 145,100 shares of the exchange traded fund’s stock worth $4,894,000 after buying an additional 79,900 shares during the period. Money Design Co. Ltd. purchased a new position in iShares MSCI Brazil ETF during the 3rd quarter valued at about $1,325,000. Renaissance Technologies LLC increased its holdings in iShares MSCI Brazil ETF by 29.4% during the 2nd quarter. Renaissance Technologies LLC now owns 23,300 shares of the exchange traded fund’s stock valued at $747,000 after purchasing an additional 5,300 shares during the period. Prudential Financial Inc. increased its holdings in iShares MSCI Brazil ETF by 10.9% during the 3rd quarter. Prudential Financial Inc. now owns 41,383 shares of the exchange traded fund’s stock valued at $1,396,000 after purchasing an additional 4,060 shares during the period. Finally, Weatherstone Capital Management bought a new stake in iShares MSCI Brazil ETF during the 3rd quarter valued at approximately $236,000.
iShares MSCI Brazil ETF stock opened at $43.07 on Monday. iShares MSCI Brazil ETF has a fifty-two week low of $30.65 and a fifty-two week high of $47.20.
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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