The iShares MSCI Brazil ETF (EWZ) experienced a significant inflow of approximately $399.2 million this week, marking a 5.4% increase in outstanding units from 209,350,000 to 220,750,000. This change indicates rising investor interest as of the most recent trading day.
Key components within the ETF showed strong performance, with XP Inc – Class A (XP) up 4%, JBS N.V. Class A (JBS) rising 2.2%, and StoneCo Ltd (STNE) increasing by 5.6%. The current price of EWZ is $35.80, with a 52-week low of $23.05 and a high of $35.80, aligning with its 200-day moving average, suggesting possible bullish trends in the market.
