New Harbor Financial Group LLC Has $20.36 Million Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

New Harbor Financial Group LLC lifted its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 1.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 628,056 shares of the exchange traded fund’s stock after acquiring an additional 9,189 shares during the period. iShares MSCI Brazil ETF makes up approximately 6.5% of New Harbor Financial Group LLC’s portfolio, making the stock its 5th biggest position. New Harbor Financial Group LLC owned approximately 0.40% of iShares MSCI Brazil ETF worth $20,362,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. Brookstone Capital Management increased its position in iShares MSCI Brazil ETF by 6.7% in the 1st quarter. Brookstone Capital Management now owns 18,947 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 1,194 shares in the last quarter. Banque Pictet & Cie SA increased its position in iShares MSCI Brazil ETF by 1.3% in the 3rd quarter. Banque Pictet & Cie SA now owns 234,824 shares of the exchange traded fund’s stock valued at $7,202,000 after buying an additional 3,000 shares in the last quarter. Stifel Financial Corp increased its position in iShares MSCI Brazil ETF by 6.4% in the 4th quarter. Stifel Financial Corp now owns 132,825 shares of the exchange traded fund’s stock valued at $4,644,000 after buying an additional 8,027 shares in the last quarter. Pekin Hardy Strauss Inc. increased its position in iShares MSCI Brazil ETF by 4.6% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 181,232 shares of the exchange traded fund’s stock valued at $6,336,000 after buying an additional 7,923 shares in the last quarter. Finally, Morgan Stanley increased its position in iShares MSCI Brazil ETF by 35.6% in the 3rd quarter. Morgan Stanley now owns 9,253,730 shares of the exchange traded fund’s stock valued at $283,812,000 after buying an additional 2,428,079 shares in the last quarter.

iShares MSCI Brazil ETF Trading Up 1.2 %

iShares MSCI Brazil ETF stock traded up $0.34 during midday trading on Friday, reaching $28.39. The stock had a trading volume of 35,541,281 shares, compared to its average volume of 21,969,885. iShares MSCI Brazil ETF has a 12 month low of $26.83 and a 12 month high of $35.74. The company has a market capitalization of $4.46 billion, a P/E ratio of 5.65 and a beta of 0.93. The company has a fifty day moving average price of $29.60 and a two-hundred day moving average price of $31.77.

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).