Retirement Planning Co of New England Inc. Increases Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Retirement Planning Co of New England Inc. lifted its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 8.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 7,352 shares of the exchange traded fund’s stock after purchasing an additional 578 shares during the quarter. Retirement Planning Co of New England Inc.’s holdings in iShares MSCI Brazil ETF were worth $201,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of EWZ. Bank of Nova Scotia increased its holdings in iShares MSCI Brazil ETF by 383.9% in the 4th quarter. Bank of Nova Scotia now owns 3,552,853 shares of the exchange traded fund’s stock worth $124,208,000 after buying an additional 2,818,566 shares during the period. Bridgewater Associates LP acquired a new position in iShares MSCI Brazil ETF in the 4th quarter worth approximately $96,166,000. OLD Mission Capital LLC acquired a new position in iShares MSCI Brazil ETF in the 4th quarter worth approximately $58,247,000. National Bank of Canada FI increased its holdings in iShares MSCI Brazil ETF by 39,171.3% in the 1st quarter. National Bank of Canada FI now owns 1,462,855 shares of the exchange traded fund’s stock worth $46,241,000 after buying an additional 1,459,130 shares during the period. Finally, SG Americas Securities LLC increased 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 buying an additional 998,123 shares during the period.

iShares MSCI Brazil ETF Trading Up 1.3 %

Shares of NYSEARCA:EWZ opened at $29.65 on Monday. iShares MSCI Brazil ETF has a twelve month low of $26.23 and a twelve month high of $35.74. The company’s 50 day moving average is $29.05 and its 200 day moving average is $30.12. The company has a market cap of $4.66 billion, a PE 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).