Bleakley Financial Group LLC Acquires 28,845 Shares of iShares MSCI Brazil ETF $EWZ

Bleakley Financial Group LLC lifted its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 31.2% in the first quarter, HoldingsChannel.com reports. The fund owned 121,177 shares of the exchange traded fund’s stock after acquiring an additional 28,845 shares during the period. Bleakley Financial Group LLC’s holdings in iShares MSCI Brazil ETF were worth $4,652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of EWZ. Parallel Advisors LLC grew its stake in iShares MSCI Brazil ETF by 16.7% in the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 293 shares during the period. 3EDGE Asset Management LP raised its stake in shares of iShares MSCI Brazil ETF by 2.6% during the 4th quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock worth $473,000 after purchasing an additional 382 shares during the period. Nwam LLC raised its stake in shares of 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 worth $585,000 after purchasing an additional 397 shares during the period. Patriot Financial Group Insurance Agency LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 2.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 20,069 shares of the exchange traded fund’s stock worth $638,000 after buying an additional 423 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. boosted its holdings in shares of iShares MSCI Brazil ETF by 5.2% in the 4th quarter. Retirement Planning Co of New England Inc. now owns 8,516 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 423 shares during the last quarter. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $36.03 on Wednesday. iShares MSCI Brazil ETF has a 52-week low of $26.30 and a 52-week high of $42.02. The company has a 50-day simple moving average of $35.50 and a 200 day simple moving average of $36.53. The company has a market capitalization of $9.24 billion, a PE ratio of 9.58 and a beta of 0.61.

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.