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K1BF34

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1d
1w
1m

Analysis and statistics

  • Open
    105.9369$
  • Previous Close
    105.9369$
  • 52 Week Change
    54.67$
  • Day Range
    0.00$
  • 52 Week High/Low
    70.7407$ - 125.4117$
  • Dividend Per Share
    --
  • Market cap
    0$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

K1BF34.SA is a Brazilian Depositary Receipt (BDR) that represents shares of Bank of America Corporation (BAC) traded on the New York Stock Exchange. BDRs allow Brazilian investors to indirectly invest in foreign companies by holding certificates traded on the Brazilian stock exchange (B3), which are backed by the underlying shares held in custody outside of Brazil. Investing in K1BF34.SA offers exposure to the performance of Bank of America and is subject to fluctuations in both the price of BAC shares and the exchange rate between the Brazilian Real and the US Dollar.
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Factors

Global Market Sentiment: Overall investor confidence and economic outlook influence Brazilian market and ETF performance.

Brazilian Economic Conditions: Brazil's GDP growth, inflation, interest rates, and unemployment impact investor appetite for Brazilian assets.

Exchange Rate Fluctuations: Changes in the value of the Brazilian Real against other currencies, especially the US dollar, affect returns for foreign investors.

Sector Performance: The underlying companies that make up the ETF’s portfolio, such as financial institutions or commodity producers, drive the ETF’s price.

Political Stability and Policy: Government policies, political events, and regulatory changes impact investor confidence and market sentiment.

Interest Rate Changes: Increase in the interest rates in Brazil would affect the price of stocks within the ETF.

Commodity Prices: For ETFs that include commodity producers, fluctuations in commodity prices affect the valuation of these holdings.

Fund Flows: Large inflows or outflows of investments in the ETF can impact demand and supply, hence the price.

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