Millburn Ridgefield Corp Acquires 273,150 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Millburn Ridgefield Corp grew its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 43.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 896,780 shares of the exchange traded fund’s stock after acquiring an additional 273,150 shares during the period. iShares MSCI Brazil ETF makes up 0.5% of Millburn Ridgefield Corp’s investment portfolio, making the stock its 26th largest holding. Millburn Ridgefield Corp’s holdings in iShares MSCI Brazil ETF were worth $20,187,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Zacks Investment Management lifted its position in shares of iShares MSCI Brazil ETF by 1.9% during the third quarter. Zacks Investment Management now owns 25,883 shares of the exchange traded fund’s stock valued at $763,000 after purchasing an additional 484 shares in the last quarter. FMR LLC raised its stake in shares of iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 602 shares during the period. Insigneo Advisory Services LLC grew its position in iShares MSCI Brazil ETF by 7.1% during the third quarter. Insigneo Advisory Services LLC now owns 16,242 shares of the exchange traded fund’s stock valued at $479,000 after buying an additional 1,079 shares during the period. V Square Quantitative Management LLC grew its position in iShares MSCI Brazil ETF by 19.7% during the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock valued at $149,000 after buying an additional 1,094 shares during the period. Finally, FNY Investment Advisers LLC purchased a new stake in iShares MSCI Brazil ETF during the fourth quarter worth about $40,000.

iShares MSCI Brazil ETF Stock Down 2.8 %

EWZ opened at $25.47 on Monday. iShares MSCI Brazil ETF has a twelve month low of $22.26 and a twelve month high of $34.13. The company’s 50-day moving average price is $24.11 and its two-hundred day moving average price is $26.94. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93.

About iShares MSCI Brazil ETF

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).