New York Life Investment Management LLC bought a new stake in iShares MSCI Brazil Index (NYSE:EWZ) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 221,395 shares of the exchange traded fund’s stock, valued at approximately $7,558,000. iShares MSCI Brazil Index comprises about 0.7% of New York Life Investment Management LLC’s holdings, making the stock its 23rd biggest holding.
Several other large investors also recently bought and sold shares of EWZ. Vontobel Swiss Wealth Advisors AG bought a new position in shares of iShares MSCI Brazil Index during the 2nd quarter worth approximately $207,000. GenTrust LLC boosted its stake in iShares MSCI Brazil Index by 16.7% in the 2nd quarter. GenTrust LLC now owns 7,000 shares of the exchange traded fund’s stock valued at $239,000 after purchasing an additional 1,000 shares during the period. Cambridge Advisors Inc. bought a new stake in iShares MSCI Brazil Index in the 2nd quarter valued at $287,000. BB&T Securities LLC bought a new stake in iShares MSCI Brazil Index in the 2nd quarter valued at $290,000. Finally, GFS Advisors LLC boosted its stake in iShares MSCI Brazil Index by 7.9% in the 2nd quarter. GFS Advisors LLC now owns 9,325 shares of the exchange traded fund’s stock valued at $319,000 after purchasing an additional 679 shares during the period.
iShares MSCI Brazil Index (NYSE:EWZ) traded up 1.62% during mid-day trading on Friday, reaching $43.35. The company had a trading volume of 25,992,389 shares. iShares MSCI Brazil Index has a 12-month low of $31.04 and a 12-month high of $43.38. The stock has a 50-day moving average of $39.79 and a 200 day moving average of $37.19.
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iShares MSCI Brazil Index 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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