iShares MSCI Brazil ETF $EWZ Stock Holdings Decreased by SG Americas Securities LLC

SG Americas Securities LLC lessened its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 28.0% in the 4th quarter, Holdings Channel reports. The fund owned 314,412 shares of the exchange traded fund’s stock after selling 121,994 shares during the period. SG Americas Securities LLC’s holdings in iShares MSCI Brazil ETF were worth $9,989,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Truxt Investmentos Ltda. purchased a new position in iShares MSCI Brazil ETF during the 3rd quarter worth approximately $25,000. Ameriflex Group Inc. raised its stake in iShares MSCI Brazil ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 440 shares during the period. Aberdeen Wealth Management LLC purchased a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at $29,000. Private Trust Co. NA lifted its holdings in shares of iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 572 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its position in shares of iShares MSCI Brazil ETF by 388.0% in the third quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 970 shares during the period. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of iShares MSCI Brazil ETF stock opened at $36.63 on Monday. iShares MSCI Brazil ETF has a 12 month low of $23.05 and a 12 month high of $39.69. The stock has a market cap of $8.65 billion, a PE ratio of 9.58 and a beta of 0.87. The business has a fifty day simple moving average of $37.28 and a 200-day simple moving average of $33.64.

iShares MSCI Brazil ETF Profile

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.