Polymer Capital Management HK LTD Takes $450,000 Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Polymer Capital Management HK LTD acquired a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 20,000 shares of the exchange traded fund’s stock, valued at approximately $450,000.

Other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC boosted its stake in iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 602 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in iShares MSCI Brazil ETF in the fourth quarter worth about $40,000. Finley Financial LLC bought a new stake in iShares MSCI Brazil ETF in the fourth quarter valued at about $77,000. Summit Securities Group LLC acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter valued at approximately $108,000. Finally, Ameliora Wealth Management Ltd. acquired a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter valued at approximately $134,000.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $24.50 on Monday. The firm’s 50-day moving average is $25.48 and its 200-day moving average is $26.00. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year high of $33.00. The company has a market cap of $3.12 billion, a P/E ratio of 10.86 and a beta of 1.17.

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).