Brazil ETF Sees $583.2M Inflow, Nu Holdings Down 2.2%

The iShares MSCI Brazil ETF (EWZ) has experienced a significant $583.2 million inflow, a 6.9% increase in outstanding units. The ETF's top holdings, Nu Holdings Ltd (NU), XP Inc - Class A (XP), and Jbs N.V. Class A shares (JBS), are down 2.2%, 1.7%, and 0.6%, respectively. This influx of capital has led to a notable increase in the ETF's share price, reaching a 52-week high of $38.875.