iShares MSCI Brazil ETF $EWZ Stake Lifted by Wellington Management Group LLP

Wellington Management Group LLP boosted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 45.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,797,317 shares of the exchange traded fund’s stock after buying an additional 564,165 shares during the period. Wellington Management Group LLP’s holdings in iShares MSCI Brazil ETF were worth $62,007,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Parallel Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 16.7% during the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after acquiring an additional 293 shares during the last quarter. 3EDGE Asset Management LP lifted its position in iShares MSCI Brazil ETF by 2.6% in the 4th quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock valued at $473,000 after purchasing an additional 382 shares during the last quarter. Contravisory Investment Management Inc. lifted its position in iShares MSCI Brazil ETF by 2.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 17,487 shares of the exchange traded fund’s stock valued at $603,000 after purchasing an additional 383 shares during the last quarter. Nwam LLC boosted its stake in iShares MSCI Brazil ETF by 2.2% during the 4th quarter. Nwam LLC now owns 18,410 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 397 shares during the period. Finally, Wilmington Savings Fund Society FSB grew its position in iShares MSCI Brazil ETF by 8.5% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 5,435 shares of the exchange traded fund’s stock worth $173,000 after purchasing an additional 426 shares during the last quarter. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Trading Up 4.2%

Shares of NYSEARCA:EWZ opened at $38.09 on Thursday. The firm’s 50 day moving average is $35.29 and its two-hundred day moving average is $36.68. The firm has a market capitalization of $9.64 billion, a P/E ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a 52 week low of $28.66 and a 52 week high of $42.02.

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). 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.