Leavell Investment Management Inc. Increases Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Leavell Investment Management Inc. grew its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 11.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 8,227 shares of the exchange traded fund’s stock after purchasing an additional 862 shares during the quarter. Leavell Investment Management Inc.’s holdings in iShares MSCI Brazil ETF were worth $267,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in EWZ. Bank of Nova Scotia increased its position in shares of iShares MSCI Brazil ETF by 383.9% during the 4th quarter. Bank of Nova Scotia now owns 3,552,853 shares of the exchange traded fund’s stock valued at $124,208,000 after purchasing an additional 2,818,566 shares during the last quarter. Bridgewater Associates LP bought a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth $96,166,000. Morgan Stanley grew its stake in shares of iShares MSCI Brazil ETF by 35.6% during the 3rd quarter. Morgan Stanley now owns 9,253,730 shares of the exchange traded fund’s stock worth $283,812,000 after acquiring an additional 2,428,079 shares during the period. OLD Mission Capital LLC bought a new position in shares of iShares MSCI Brazil ETF during the 4th quarter worth $58,247,000. Finally, Rafferty Asset Management LLC grew its stake in shares of iShares MSCI Brazil ETF by 90.2% during the 3rd quarter. Rafferty Asset Management LLC now owns 1,716,912 shares of the exchange traded fund’s stock worth $52,658,000 after acquiring an additional 814,164 shares during the period.

iShares MSCI Brazil ETF Trading Down 0.7 %

Shares of EWZ stock traded down $0.23 on Thursday, hitting $30.64. 14,422,531 shares of the stock were exchanged, compared to its average volume of 20,890,135. The firm has a market capitalization of $4.81 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a one year low of $28.42 and a one year high of $35.74. The firm’s 50 day moving average is $31.71 and its two-hundred day moving average is $32.90.

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).