Ray Dalio acquired 690 Thousand BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF shares worth $16.7 Million. That's 0.09% of their equity portfolio (182nd largest holding). The first BlackRock Institutional Trust Company N.A. - iShares MSCI Brazil ETF trade was made in Q2 2012. Since then Ray Dalio bought shares nineteen more times and sold shares on sixteen occasions. The investor's estimated purchase price is $22.6 Million, resulting in a loss of 26%.