Picton Mahoney Asset Management Raises Stock Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Picton Mahoney Asset Management grew its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 13.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 70,172 shares of the exchange traded fund’s stock after buying an additional 8,080 shares during the period. Picton Mahoney Asset Management’s holdings in iShares MSCI Brazil ETF were worth $1,918,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in EWZ. FIL Ltd increased its stake in iShares MSCI Brazil ETF by 8.8% in the 4th quarter. FIL Ltd now owns 4,340,670 shares of the exchange traded fund’s stock worth $151,750,000 after buying an additional 351,165 shares in the last quarter. Bank of Nova Scotia raised its stake in iShares MSCI Brazil ETF by 383.9% during the 4th quarter. Bank of Nova Scotia now owns 3,552,853 shares of the exchange traded fund’s stock valued at $124,208,000 after purchasing an additional 2,818,566 shares during the period. Bridgewater Associates LP bought a new stake in iShares MSCI Brazil ETF during the 4th quarter valued at approximately $96,166,000. SG Americas Securities LLC lifted its holdings in iShares MSCI Brazil ETF by 65.3% in the 2nd quarter. SG Americas Securities LLC now owns 2,527,458 shares of the exchange traded fund’s stock worth $69,075,000 after purchasing an additional 998,123 shares in the last quarter. Finally, OLD Mission Capital LLC bought a new position in iShares MSCI Brazil ETF in the 4th quarter worth approximately $58,247,000.

iShares MSCI Brazil ETF Stock Performance

Shares of iShares MSCI Brazil ETF stock traded up $0.01 on Friday, hitting $29.87. 47,117,234 shares of the company traded hands, compared to its average volume of 21,448,906. iShares MSCI Brazil ETF has a 52 week low of $26.23 and a 52 week high of $35.74. The business has a 50-day simple moving average of $28.69 and a 200 day simple moving average of $30.40. The stock has a market capitalization of $4.69 billion, a P/E ratio of 5.65 and a beta of 0.93.

iShares MSCI Brazil ETF Profile

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).