A Mass Exodus From the Brazil ETF
June 07, 2019 at 11:05 AM EDT
The once hot iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest Brazil exchange traded fund trading in the U.S., saw some heavy outflows earlier this week as investors pulled money from Latin America’s largest economy. “Investors pulled about $127 million from the $9 billion iShares...