PFG Advisors bought a new stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,104 shares of the exchange traded fund’s stock, valued at approximately $219,000.
Other hedge funds also recently bought and sold shares of the company. Csenge Advisory Group acquired a new position in iShares MSCI Brazil ETF in the 3rd quarter valued at $26,000. We Are One Seven LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth $33,000. Capital Investment Advisory Services LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth $42,000. Oppenheimer Asset Management Inc. acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth $45,000. Finally, Picton Mahoney Asset Management increased its holdings in shares of iShares MSCI Brazil ETF by 84.4% during the 4th quarter. Picton Mahoney Asset Management now owns 1,660 shares of the exchange traded fund’s stock worth $64,000 after buying an additional 760 shares during the last quarter.
NYSEARCA EWZ traded up $0.41 during trading hours on Friday, hitting $40.46. The company had a trading volume of 37,319,074 shares, compared to its average volume of 30,725,740. iShares MSCI Brazil ETF has a fifty-two week low of $30.65 and a fifty-two week high of $45.72.
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).
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