Investors Buy iShares MSCI Brazil ETF (EWZ) on Weakness

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Traders bought shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) on weakness during trading on Tuesday. $190.90 million flowed into the stock on the tick-up and $77.80 million flowed out of the stock on the tick-down, for a money net flow of $113.10 million into the stock. Of all stocks tracked, iShares MSCI Brazil ETF had the 6th highest net in-flow for the day. iShares MSCI Brazil ETF traded down ($1.49) for the day and closed at $30.96

A number of hedge funds have recently bought and sold shares of the business. Flagship Harbor Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $132,000. IPG Investment Advisors LLC acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $152,000. Commonwealth Bank of Australia acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $157,000. Harvest Fund Management Co. Ltd acquired a new stake in shares of iShares MSCI Brazil ETF in the first quarter valued at approximately $261,000. Finally, WP Advisors LLC lifted its position in shares of iShares MSCI Brazil ETF by 39.4% in the second quarter. WP Advisors LLC now owns 11,085 shares of the exchange traded fund’s stock valued at $355,000 after buying an additional 3,132 shares during the last quarter.

About iShares MSCI Brazil ETF (NYSEARCA:EWZ)

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).

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