Samalin Investment Counsel LLC Invests $209,000 in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Samalin Investment Counsel LLC bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the fourth quarter, HoldingsChannel.com reports. The fund bought 9,292 shares of the exchange traded fund’s stock, valued at approximately $209,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Great Valley Advisor Group Inc. raised its position in shares of iShares MSCI Brazil ETF by 7.9% during the third quarter. Great Valley Advisor Group Inc. now owns 39,914 shares of the exchange traded fund’s stock worth $1,177,000 after acquiring an additional 2,921 shares during the last quarter. Pekin Hardy Strauss Inc. raised its holdings in iShares MSCI Brazil ETF by 1.1% during the third quarter. Pekin Hardy Strauss Inc. now owns 202,460 shares of the exchange traded fund’s stock worth $5,971,000 after acquiring an additional 2,145 shares in the last quarter. FMR LLC raised its stake in iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after buying an additional 602 shares during the period. Harbor Advisors LLC bought a new stake in iShares MSCI Brazil ETF in the third quarter valued at approximately $206,000. Finally, Itau Unibanco Holding S.A. raised its stake in iShares MSCI Brazil ETF by 606.2% in the third quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock valued at $35,076,000 after buying an additional 1,020,993 shares during the period.

iShares MSCI Brazil ETF Trading Down 0.0 %

Shares of NYSEARCA EWZ opened at $26.57 on Monday. The firm has a market cap of $3.40 billion, a P/E ratio of 10.38 and a beta of 1.17. iShares MSCI Brazil ETF has a 1-year low of $22.26 and a 1-year high of $33.00. The business’s 50 day moving average is $25.01 and its 200-day moving average is $26.26.

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).