VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Trading Up 0.8% – Here’s Why

VanEck Brazil Small-Cap ETF (NYSEARCA:BRF)’s stock price shot up 0.8% on Monday . The stock traded as high as $17.52 and last traded at $17.52. 2,234 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 8,531 shares. The stock had previously closed at $17.38.

VanEck Brazil Small-Cap ETF Trading Up 4.3%

The business’s 50-day simple moving average is $18.46 and its 200-day simple moving average is $17.82. The company has a market capitalization of $24.10 million, a PE ratio of 9.69 and a beta of 0.80.

Institutional Trading of VanEck Brazil Small-Cap ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC acquired a new stake in VanEck Brazil Small-Cap ETF during the 4th quarter valued at approximately $170,000. Citadel Advisors LLC acquired a new stake in VanEck Brazil Small-Cap ETF during the 3rd quarter valued at approximately $236,000. Susquehanna International Group LLP acquired a new stake in VanEck Brazil Small-Cap ETF during the 3rd quarter valued at approximately $258,000. Gould Asset Management LLC CA lifted its stake in VanEck Brazil Small-Cap ETF by 4.7% during the 1st quarter. Gould Asset Management LLC CA now owns 22,125 shares of the company’s stock valued at $405,000 after acquiring an additional 985 shares during the period. Finally, LPL Financial LLC lifted its stake in VanEck Brazil Small-Cap ETF by 5.1% during the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after acquiring an additional 2,200 shares during the period.

About VanEck Brazil Small-Cap ETF

Market Vectors Brazil Small-Cap ETF (the Fund) seeks to replicate as closely as possible the price and yield performance of the Market Vectors Brazil Small-Cap Index (the Index). The Index is a rules-based, modified market capitalization-weighted, float-adjusted index consisting of publicly traded small-capitalization companies that are domiciled and primarily listed on an exchange in Brazil, or that generate at least 50% of their revenues in Brazil. The Index is the exclusive property of 4asset-management GmbH, which has contracted with Standard & Poor’s, a division of The McGraw-Hill Companies, Inc to maintain and calculate the Index.