Traders Buy iShares MSCI Brazil ETF (EWZ) on Weakness

Investors purchased shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) on weakness during trading on Thursday. $181.32 million flowed into the stock on the tick-up and $107.53 million flowed out of the stock on the tick-down, for a money net flow of $73.79 million into the stock. Of all stocks tracked, iShares MSCI Brazil ETF had the 9th highest net in-flow for the day. iShares MSCI Brazil ETF traded down ($1.16) for the day and closed at $39.21

A number of large investors have recently modified their holdings of EWZ. Morgan Stanley increased its stake in iShares MSCI Brazil ETF by 197.6% in the second quarter. Morgan Stanley now owns 15,672,192 shares of the exchange traded fund’s stock valued at $502,294,000 after purchasing an additional 10,406,554 shares in the last quarter. SG Americas Securities LLC bought a new stake in iShares MSCI Brazil ETF in the second quarter valued at approximately $87,793,000. Natixis increased its stake in iShares MSCI Brazil ETF by 3,360.5% in the second quarter. Natixis now owns 2,026,078 shares of the exchange traded fund’s stock valued at $64,936,000 after purchasing an additional 1,967,529 shares in the last quarter. Nomura Holdings Inc. increased its stake in iShares MSCI Brazil ETF by 177.7% in the second quarter. Nomura Holdings Inc. now owns 378,067 shares of the exchange traded fund’s stock valued at $12,117,000 after purchasing an additional 864,521 shares in the last quarter. Finally, Bridgewater Associates LP increased its stake in iShares MSCI Brazil ETF by 9.7% in the second quarter. Bridgewater Associates LP now owns 9,160,838 shares of the exchange traded fund’s stock valued at $293,605,000 after purchasing an additional 808,488 shares in the last quarter.

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iShares MSCI Brazil ETF Company Profile (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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