VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) Stock Price Down 1.3% – Should You Sell?

Shares of VanEck Brazil Small-Cap ETF (NYSEARCA:BRF) traded down 1.3% during trading on Friday . The stock traded as low as $16.19 and last traded at $16.19. 1,698 shares changed hands during trading, a decline of 78% from the average session volume of 7,622 shares. The stock had previously closed at $16.40.

VanEck Brazil Small-Cap ETF Stock Down 1.3%

The stock has a fifty day moving average of $16.94 and a 200-day moving average of $17.81. The firm has a market capitalization of $21.86 million, a P/E ratio of 9.69 and a beta of 0.78.

Hedge Funds Weigh In On VanEck Brazil Small-Cap ETF

A number of institutional investors have recently modified their holdings of BRF. Gould Asset Management LLC CA lifted its holdings 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 worth $405,000 after buying an additional 985 shares in the last quarter. LPL Financial LLC boosted its position in VanEck Brazil Small-Cap ETF by 5.1% in the 4th quarter. LPL Financial LLC now owns 45,138 shares of the company’s stock valued at $724,000 after buying an additional 2,200 shares during the last quarter. Jane Street Group LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 44.9% in the 2nd quarter. Jane Street Group LLC now owns 15,729 shares of the company’s stock valued at $242,000 after buying an additional 4,873 shares during the period. OLD Mission Capital LLC increased its stake in shares of VanEck Brazil Small-Cap ETF by 21.5% in the 4th quarter. OLD Mission Capital LLC now owns 75,538 shares of the company’s stock valued at $1,211,000 after buying an additional 13,388 shares during the period. Finally, Citadel Advisors LLC bought a new stake in shares of VanEck Brazil Small-Cap ETF during the third quarter worth $236,000.

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.