Traders Buy iShares MSCI Brazil ETF (EWZ) on Weakness

Traders purchased shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) on weakness during trading on Wednesday. $144.24 million flowed into the stock on the tick-up and $79.62 million flowed out of the stock on the tick-down, for a money net flow of $64.62 million into the stock. Of all equities tracked, iShares MSCI Brazil ETF had the 3rd highest net in-flow for the day. iShares MSCI Brazil ETF traded down ($0.20) for the day and closed at $40.37

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Acadian Asset Management LLC increased its holdings in shares of iShares MSCI Brazil ETF by 17.3% in the third quarter. Acadian Asset Management LLC now owns 9,179 shares of the exchange traded fund’s stock valued at $309,000 after purchasing an additional 1,357 shares during the last quarter. Deltec Asset Management LLC increased its holdings in shares of iShares MSCI Brazil ETF by 15.0% in the second quarter. Deltec Asset Management LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $369,000 after purchasing an additional 1,500 shares during the last quarter. Fis Group Inc. increased its holdings in shares of iShares MSCI Brazil ETF by 2.2% in the third quarter. Fis Group Inc. now owns 71,378 shares of the exchange traded fund’s stock valued at $2,407,000 after purchasing an additional 1,534 shares during the last quarter. Advisors Capital Management LLC increased its holdings in shares of iShares MSCI Brazil ETF by 11.7% in the second quarter. Advisors Capital Management LLC now owns 17,926 shares of the exchange traded fund’s stock valued at $575,000 after purchasing an additional 1,878 shares during the last quarter. Finally, 6 Meridian increased its holdings in shares of iShares MSCI Brazil ETF by 2.6% in the second quarter. 6 Meridian now owns 88,450 shares of the exchange traded fund’s stock valued at $2,835,000 after purchasing an additional 2,261 shares during the last quarter.

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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).

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