Money Design Co. Ltd. Invests $19.30 Million in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Money Design Co. Ltd. purchased a new stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 853,425 shares of the exchange traded fund’s stock, valued at approximately $19,296,000. iShares MSCI Brazil ETF comprises about 1.0% of Money Design Co. Ltd.’s investment portfolio, making the stock its 24th biggest position. Money Design Co. Ltd. owned 0.54% of iShares MSCI Brazil ETF as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in EWZ. FMR LLC increased its holdings in shares of iShares MSCI Brazil ETF by 174.5% during the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 602 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in iShares MSCI Brazil ETF during the 4th quarter worth $40,000. Finley Financial LLC acquired a new position in iShares MSCI Brazil ETF in the 4th quarter worth about $77,000. Harbor Advisors LLC bought a new position in iShares MSCI Brazil ETF in the third quarter valued at about $206,000. Finally, Creative Planning acquired a new stake in shares of iShares MSCI Brazil ETF during the third quarter valued at about $208,000.

iShares MSCI Brazil ETF Trading Up 0.6 %

NYSEARCA:EWZ opened at $24.78 on Wednesday. The stock’s 50-day moving average is $24.29 and its 200-day moving average is $27.23. The stock has a market cap of $3.89 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 1-year low of $22.26 and a 1-year high of $34.13.

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).