iShares MSCI Brazil ETF Sees Unusually Large Options Volume (NYSEARCA:EWZ)
by Michael Walen · The Markets DailyiShares MSCI Brazil ETF (NYSEARCA:EWZ – Get Free Report) saw unusually large options trading on Friday. Investors bought 317,275 call options on the stock. This represents an increase of 44% compared to the average daily volume of 220,591 call options.
iShares MSCI Brazil ETF Stock Performance
Shares of EWZ stock traded up $0.40 during trading hours on Friday, reaching $40.94. The company had a trading volume of 25,232,120 shares, compared to its average volume of 37,932,430. iShares MSCI Brazil ETF has a twelve month low of $24.08 and a twelve month high of $41.33. The company has a market capitalization of $10.52 billion, a P/E ratio of 9.58 and a beta of 0.69. The stock’s fifty day simple moving average is $37.72 and its 200 day simple moving average is $34.10.
Institutional Investors Weigh In On iShares MSCI Brazil ETF
A number of large investors have recently modified their holdings of EWZ. Parallel Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 16.7% during the 4th quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after buying an additional 293 shares during the last quarter. 3EDGE Asset Management LP lifted its holdings in iShares MSCI Brazil ETF by 2.6% during the 4th quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 382 shares during the last quarter. Global Retirement Partners LLC lifted its holdings in iShares MSCI Brazil ETF by 11.0% during the 3rd quarter. Global Retirement Partners LLC now owns 3,975 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 395 shares during the last quarter. Nwam LLC lifted its holdings in iShares MSCI Brazil ETF by 2.2% during the 4th quarter. Nwam LLC now owns 18,410 shares of the exchange traded fund’s stock worth $585,000 after buying an additional 397 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. lifted its holdings in iShares MSCI Brazil ETF by 5.4% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 8,093 shares of the exchange traded fund’s stock worth $251,000 after buying an additional 413 shares during the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.
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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.