Polianta Ltd Makes New Investment in iShares MSCI Brazil ETF $EWZ

Polianta Ltd acquired a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the 2nd quarter, HoldingsChannel reports. The firm acquired 271,200 shares of the exchange traded fund’s stock, valued at approximately $9,356,000. iShares MSCI Brazil ETF makes up 1.2% of Polianta Ltd’s portfolio, making the stock its 16th largest position.

Other large investors have also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in shares of iShares MSCI Brazil ETF by 18.0% during the first 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 lifted its stake in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock worth $44,000 after acquiring an additional 1,500 shares during the period. CW Advisors LLC bought a new stake in iShares MSCI Brazil ETF in the second quarter valued at $243,000. Cresset Asset Management LLC boosted its holdings in iShares MSCI Brazil ETF by 12.8% in the second quarter. Cresset Asset Management LLC now owns 22,430 shares of the exchange traded fund’s stock valued at $647,000 after acquiring an additional 2,541 shares in the last quarter. Finally, Karpus Management Inc. increased its position in iShares MSCI Brazil ETF by 21.0% during the 2nd quarter. Karpus Management Inc. now owns 165,578 shares of the exchange traded fund’s stock valued at $4,777,000 after purchasing an additional 28,681 shares during the period. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Trading Down 1.3%

Shares of NYSEARCA EWZ opened at $35.34 on Friday. The firm has a fifty day simple moving average of $35.05 and a two-hundred day simple moving average of $36.94. iShares MSCI Brazil ETF has a 12 month low of $27.33 and a 12 month high of $42.02. The firm has a market capitalization of $8.95 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.