OREANDA-NEWS. March 22, 2011. ETF BOVA11 financial volume reached a new record of BRL 109.82 million in today’s trading session at BM&FBOVESPA. 1,674,780 BOVA11 shares were traded at an average price of BRL 65.57 in a total of 1,885 transactions. The previous record of BRL 99.36 million was set on February 18, 2011. PIBB11, MILA11, SMALL11, MOBI11 and CSMO11 transactions reached the volume of BRL 6.45 million, BRL 13.38 million, BRL 12.31 million, BRL 475,16, BRL 292,23 and BRL 11,24, respectively.

Exchange Traded Funds (ETFs), also known as trackers, are investment funds based on market indices, whose shares can be traded on Stock Exchanges, which allow investors to own the stocks that make up the fund’s portfolio without the need to buy the securities of various companies directly. Currently, seven (7) index funds are traded at BM&FBOVESPA: iShares Ibovespa ETF (BOVA11), iShares BM&FBOVESPA Small Cap ETF (SMAL11), iShares BM&FBOVESPA MidLarge Cap ETF (MILA11), iShares IBRX – Index Brazil (BRAX); iShares Index BM&FBOVESPA Consumption Index Fund (CSMO); iShares Index BM&FBOVESPA Real Estate Index Fund (MOBI) - all six of which are managed by BLACKROCK BRASIL - and PIBB ETF - Brazil Tracker (PIBB11), which is managed by Banco Itau.