Osborne Partners Capital Management LLC Takes Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Osborne Partners Capital Management LLC bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) during the fourth quarter, Holdings Channel.com reports. The fund bought 15,500 shares of the exchange traded fund’s stock, valued at approximately $349,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. FMR LLC raised its holdings in iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 602 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of iShares MSCI Brazil ETF in the fourth quarter worth approximately $40,000. Finley Financial LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the fourth quarter valued at approximately $77,000. Harbor Advisors LLC purchased a new stake in shares of iShares MSCI Brazil ETF in the 3rd quarter valued at approximately $206,000. Finally, Creative Planning acquired a new position in iShares MSCI Brazil ETF in the 3rd quarter worth approximately $208,000.

iShares MSCI Brazil ETF Stock Down 0.2 %

Shares of NYSEARCA:EWZ opened at $25.33 on Monday. The company’s fifty day moving average is $24.17 and its two-hundred day moving average is $27.14. The company has a market cap of $3.98 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 12-month low of $22.26 and a 12-month high of $34.13.

iShares MSCI Brazil ETF Company 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).