BW Gestao de Investimentos Ltda. Sells 668,400 Shares of iShares MSCI Brazil ETF $EWZ

BW Gestao de Investimentos Ltda. cut its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 80.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 164,400 shares of the exchange traded fund’s stock after selling 668,400 shares during the period. BW Gestao de Investimentos Ltda. owned approximately 0.07% of iShares MSCI Brazil ETF worth $5,223,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Black Swift Group LLC raised its holdings in iShares MSCI Brazil ETF by 0.3% in the 4th quarter. Black Swift Group LLC now owns 363,495 shares of the exchange traded fund’s stock worth $11,558,000 after acquiring an additional 1,060 shares during the period. Bearing Point Capital LLC bought a new position in iShares MSCI Brazil ETF in the 4th quarter worth $355,000. Rock Creek Group LP bought a new position in iShares MSCI Brazil ETF in the 4th quarter worth $351,000. Valence8 US LP raised its holdings in iShares MSCI Brazil ETF by 2.4% in the 4th quarter. Valence8 US LP now owns 100,479 shares of the exchange traded fund’s stock worth $3,192,000 after acquiring an additional 2,318 shares during the period. Finally, Bleakley Financial Group LLC raised its holdings in iShares MSCI Brazil ETF by 33.0% in the 4th quarter. Bleakley Financial Group LLC now owns 92,332 shares of the exchange traded fund’s stock worth $2,933,000 after acquiring an additional 22,900 shares during the period. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ opened at $35.78 on Wednesday. iShares MSCI Brazil ETF has a one year low of $26.30 and a one year high of $42.02. The company’s fifty day moving average price is $38.40 and its 200 day moving average price is $36.13. The company has a market capitalization of $10.44 billion, a PE ratio of 9.58 and a beta of 0.65.

About iShares MSCI Brazil ETF

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.