Raymond James & Associates increased its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 8.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 468,807 shares of the exchange traded fund’s stock after acquiring an additional 34,551 shares during the period. Raymond James & Associates’ holdings in iShares MSCI Brazil ETF were worth $15,026,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in EWZ. Russell Investments Group Ltd. bought a new position in iShares MSCI Brazil ETF in the first quarter worth about $1,042,000. Flow Traders U.S. LLC raised its stake in iShares MSCI Brazil ETF by 790.3% in the first quarter. Flow Traders U.S. LLC now owns 353,166 shares of the exchange traded fund’s stock worth $15,850,000 after buying an additional 313,496 shares in the last quarter. SOL Capital Management CO raised its stake in iShares MSCI Brazil ETF by 4.4% in the second quarter. SOL Capital Management CO now owns 96,383 shares of the exchange traded fund’s stock worth $3,089,000 after buying an additional 4,080 shares in the last quarter. Exane Derivatives raised its stake in iShares MSCI Brazil ETF by 24.1% in the second quarter. Exane Derivatives now owns 23,319 shares of the exchange traded fund’s stock worth $747,000 after buying an additional 4,527 shares in the last quarter. Finally, Fis Group Inc. bought a new position in iShares MSCI Brazil ETF in the second quarter worth about $2,236,000.

EWZ stock opened at $32.13 on Tuesday. iShares MSCI Brazil ETF has a 1 year low of $30.65 and a 1 year high of $47.85.

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).

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Institutional Ownership by Quarter for iShares MSCI Brazil ETF (NYSEARCA:EWZ)

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