Wealthfront Advisers LLC Takes $1.04 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Wealthfront Advisers LLC acquired a new position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 46,338 shares of the exchange traded fund’s stock, valued at approximately $1,043,000.

A number of other large investors have also recently made changes to their positions in the company. SPX Gestao de Recursos Ltda acquired a new position in shares of iShares MSCI Brazil ETF during the fourth quarter worth $1,412,000. PNC Financial Services Group Inc. boosted its position in shares of iShares MSCI Brazil ETF by 35.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,920 shares of the exchange traded fund’s stock worth $201,000 after acquiring an additional 2,315 shares in the last quarter. Banco Santander S.A. increased its holdings in shares of iShares MSCI Brazil ETF by 203.7% in the 4th quarter. Banco Santander S.A. now owns 302,925 shares of the exchange traded fund’s stock valued at $6,819,000 after acquiring an additional 203,191 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth about $4,257,000. Finally, M&T Bank Corp purchased a new stake in iShares MSCI Brazil ETF during the fourth quarter worth approximately $542,000.

iShares MSCI Brazil ETF Stock Up 4.2 %

Shares of iShares MSCI Brazil ETF stock opened at $25.84 on Friday. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $33.00. The firm’s 50 day moving average is $24.64 and its two-hundred day moving average is $26.40. The firm has a market capitalization of $3.30 billion, a P/E ratio of 10.38 and a beta of 1.17.

iShares MSCI Brazil ETF Company 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).