Investors Buy Shares of iShares MSCI Brazil ETF (EWZ) on Weakness

Traders bought shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) on weakness during trading on Monday. $238.26 million flowed into the stock on the tick-up and $63.49 million flowed out of the stock on the tick-down, for a money net flow of $174.77 million into the stock. Of all stocks tracked, iShares MSCI Brazil ETF had the 4th highest net in-flow for the day. iShares MSCI Brazil ETF traded down ($0.97) for the day and closed at $32.79

A number of institutional investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC bought a new position in shares of iShares MSCI Brazil ETF during the second quarter worth about $132,000. IPG Investment Advisors LLC bought a new position in shares of iShares MSCI Brazil ETF during the second quarter worth about $152,000. Commonwealth Bank of Australia bought a new position in shares of iShares MSCI Brazil ETF during the second quarter worth about $157,000. WP Advisors LLC raised its position in shares of iShares MSCI Brazil ETF by 39.4% during the second quarter. WP Advisors LLC now owns 11,085 shares of the exchange traded fund’s stock worth $355,000 after acquiring an additional 3,132 shares during the last quarter. Finally, Deltec Asset Management LLC raised its position in shares of iShares MSCI Brazil ETF by 15.0% during the second quarter. Deltec Asset Management LLC now owns 11,500 shares of the exchange traded fund’s stock worth $369,000 after acquiring an additional 1,500 shares during the last quarter.

iShares MSCI Brazil ETF Company Profile (NYSEARCA:EWZ)

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).

Further Reading: Hedge Funds – Risk or Reward?

Receive News & Ratings for iShares MSCI Brazil ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Brazil ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply