BRAZ stock forecast, quote, news & analysis

The most notable companies in this group are Petroleo Brasileiro Sa-Petrobras ADS (REP 1 Common Share) (NYSE:PBR), Itau Unibanco Holding SA (NYSE:ITUB), Vale SA (NYSE:VALE), Banco Bradesco SA (NYSE:BBD).

The investment seeks to achieve long-term capital growth. The fund is an actively managed exchange traded fund (“ETF”) advised by Global X Management Company LLC (the “Adviser”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, measured at the time of purchase, in equity securities: (i) of issuers domiciled in Brazil; and/or (ii) that are tied economically to Brazil. The fund is non-diversified.

The average market capitalization across the Global X Brazil Active ETF ETF is 47.15B. The market cap for tickers in the group ranges from 1.75B to 97.91B. MELI holds the highest valuation in this group at 97.91B. The lowest valued company is ARCO at 1.75B.

The average weekly price growth across all stocks in the Global X Brazil Active ETF ETF was -1%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was -8%. MELI experienced the highest price growth at 5%, while NU experienced the biggest fall at -12%.

The average weekly volume growth across all stocks in the Global X Brazil Active ETF ETF was -42%. For the same stocks of the ETF, the average monthly volume growth was -18% and the average quarterly volume growth was 19%