iShares MSCI Brazil ETF
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Caxton Associates LLP bought a new position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) in the undefined quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,067,163 shares of the exchange traded fund's stock, valued at approximately $30,788,000. iShares MSCI Brazil
The Trump administration lifted Magnitsky sanctions on Brazilian Supreme Court Justice Alexandre de Moraes-who oversaw Jair Bolsonaro's coup-related conviction-as U.S.-Brazil trade tensions eased and diplomatic ties with President Luiz Inacio Lula da Silva warmed.
I maintain a Hold rating on EWZ and other ETFs tracking Brazilian indices, citing unattractive risk-return for long-term investors. Recent gains in EWZ are attributed to global factors like Fed rate cuts, not domestic macroeconomic improvements. Brazil's political landscape shifted as Jair Bolsonaro supports his son for 2026, increasing uncertainty and market volatility.
The iShares MSCI Brazil ETF has surged 48% year-to-date. EWZ's top position is Nu Holdings, a high-growth fintech that offers significant upside potential. I have some reservations about the Brazil ETF, which keep me at cautious optimism rather than an unabashedly bullish perspective.
iShares MSCI Brazil ETF (NYSEARCA:EWZ - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday. The stock traded as high as $33.62 and last traded at $33.4750, with a volume of 2761054 shares changing hands. The stock had previously closed at $33.47. iShares MSCI Brazil ETF Price Performance
Global markets drifted through a quiet session on Thursday as Wall Street remained shut for Thanksgiving, leaving cryptocurrencies as the day's main source of price action.
Sumitomo Mitsui Trust Group Inc. raised its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 152.9% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,670 shares of the exchange traded fund's stock after purchasing an additional 19,750
Inflation is expected to remain sticky and GDP expected to range between 1.7 to 2.1% in 2026. The U.S. may avoid stagflation, but mild forms are present and may linger. While investors won't likely need to pull out the 1970s-1980s investment playbook, they are wise to consider the best stocks for mild stagflation. Classic stagflation investments include precious metals, consumer staples with pricing power, defensive healthcare, multi-line insurers, and some utilities.
iShares MSCI Brazil ETF remains an attractive play for 2025, driven by BRL appreciation against the USD and appealing valuations. High-interest rates in Brazil and lower interest rates in the U.S. attract foreign capital, supporting inflows into stocks. Brazilian companies should continue to benefit from lower costs on dollar-denominated debt, improving earnings.
The iShares MSCI Brazil-Capped ETF is rated a "Buy," supported by strong recent momentum and compelling valuation metrics. EWZ offers exposure to large- and mid-cap Brazilian equities, with a focus on value sectors like Financials and Energy. The ETF trades at a low 9.2x P/E and a PEG ratio below one, with a high 5.13% dividend yield, making it attractive for investors.
CAVA shares plunged 22% after Q2 same-restaurant sales growth of 2.1% missed expectations, despite 20.3% revenue growth and solid new restaurant openings. Brazil announced $5.6 billion in aid to exporters after the U.S. hiked tariffs, with further support packages planned for affected industries.
Brazilian President Luiz Inácio Lula da Silva said Thursday that he will impose retaliatory tariffs on the United States if President Donald Trump follows through on a pledge to boost import taxes by 50% over the South American country's criminal trial against his predecessor, Jair Bolsonaro.Lula said he will trigger Brazil's reciprocity law approved by Congress earlier this year if negotiations with the U.S. fail.“If there's no negotiation, the reciprocity law will be put to work.
President Donald Trump threatened to impose 50% tariffs on Brazilian goods, sharply escalating a dispute with Latin America's largest nation. Vinicius Andrade has more on "Bloomberg The Close.
This is a developing story and will be updated.
CNBC's Megan Cassella joins 'Closing Bell Overtime' with the latest tariff news out of the Oval Office.
President Donald Trump said the U.S. will slap a 50% tariff on Brazil's imports.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
I'm adopting a bullish stance on EWZ, supported by FX tailwinds, attractive valuations, and a potential stabilization of the Selic rate, despite ongoing fiscal and political risks. The recent rally in Brazilian equities has been driven more by dollar depreciation and foreign inflows than by local economic progress. EWZ offers efficient exposure to Brazil with a high dividend yield, but has high concentration in a few stocks and above-average volatility.
Brazil's Central Bank hiked interest rates by 0.25% to 15%, reaching the highest level since 2006. Lula's expansionary fiscal policies clash with contractionary monetary efforts, fueling inflation. Political uncertainty ahead of 2026 elections adds volatility. Market eyes opposition candidate Tarcísio de Freitas.