iShares MSCI Brazil ETF $EWZ Shares Acquired by Nan Fung Trinity HK Ltd.

Nan Fung Trinity HK Ltd. lifted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 136.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,005,000 shares of the exchange traded fund’s stock after buying an additional 1,157,900 shares during the period. iShares MSCI Brazil ETF comprises 6.2% of Nan Fung Trinity HK Ltd.’s portfolio, making the stock its 2nd biggest holding. Nan Fung Trinity HK Ltd.’s holdings in iShares MSCI Brazil ETF were worth $62,155,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in iShares MSCI Brazil ETF by 18.0% in the 1st quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock valued at $8,894,000 after acquiring an additional 52,532 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of iShares MSCI Brazil ETF by 819.7% during the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 1,500 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in shares of iShares MSCI Brazil ETF during the second quarter valued at approximately $400,000. Janney Montgomery Scott LLC acquired a new position in shares of iShares MSCI Brazil ETF in the second quarter valued at $263,000. Finally, Truist Financial Corp bought a new position in iShares MSCI Brazil ETF in the second quarter worth $498,000. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Price Performance

EWZ opened at $37.04 on Friday. The company has a market capitalization of $8.74 billion, a P/E ratio of 9.58 and a beta of 0.87. The firm’s fifty day moving average price is $33.32 and its two-hundred day moving average price is $30.92. iShares MSCI Brazil ETF has a fifty-two week low of $23.05 and a fifty-two week high of $38.88.

iShares MSCI Brazil ETF 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). 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.