46,338 Shares in iShares MSCI Brazil ETF (NYSEARCA:EWZ) Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC bought a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 46,338 shares of the exchange traded fund’s stock, valued at approximately $1,043,000.

Several other hedge funds also recently bought and sold shares of EWZ. Zacks Investment Management raised its position in shares of iShares MSCI Brazil ETF by 1.9% in the third quarter. Zacks Investment Management now owns 25,883 shares of the exchange traded fund’s stock valued at $763,000 after buying an additional 484 shares during the last quarter. GenTrust LLC raised its holdings in iShares MSCI Brazil ETF by 5.6% in the 4th quarter. GenTrust LLC now owns 9,446 shares of the exchange traded fund’s stock valued at $213,000 after acquiring an additional 500 shares during the last quarter. FMR LLC lifted its stake in shares of iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 602 shares during the period. Insigneo Advisory Services LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 7.1% during the third quarter. Insigneo Advisory Services LLC now owns 16,242 shares of the exchange traded fund’s stock worth $479,000 after purchasing an additional 1,079 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its position in shares of iShares MSCI Brazil ETF by 19.7% in the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock valued at $149,000 after purchasing an additional 1,094 shares during the period.

iShares MSCI Brazil ETF Trading Up 4.2 %

NYSEARCA EWZ opened at $25.84 on Friday. The business’s 50-day moving average price is $24.64 and its 200 day moving average price is $26.40. iShares MSCI Brazil ETF has a twelve month low of $22.26 and a twelve month high of $33.00. The company has a market capitalization of $3.30 billion, a PE ratio of 10.38 and a beta of 1.17.

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).