Tradewinds Capital Management LLC Has $355,000 Stock Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Tradewinds Capital Management LLC cut its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 40.1% in the fourth quarter, Holdings Channel reports. The firm owned 15,775 shares of the exchange traded fund’s stock after selling 10,572 shares during the quarter. Tradewinds Capital Management LLC’s holdings in iShares MSCI Brazil ETF were worth $355,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Creative Planning bought a new stake in shares of iShares MSCI Brazil ETF in the 3rd quarter valued at about $208,000. Private Advisor Group LLC grew its holdings in iShares MSCI Brazil ETF by 9.4% during the third quarter. Private Advisor Group LLC now owns 50,699 shares of the exchange traded fund’s stock valued at $1,495,000 after purchasing an additional 4,343 shares during the period. Ground Swell Capital LLC bought a new stake in iShares MSCI Brazil ETF in the third quarter valued at approximately $977,000. Spinnaker Trust raised its holdings in iShares MSCI Brazil ETF by 3.8% in the third quarter. Spinnaker Trust now owns 285,733 shares of the exchange traded fund’s stock worth $8,426,000 after purchasing an additional 10,410 shares during the period. Finally, LMR Partners LLP raised its holdings in iShares MSCI Brazil ETF by 111.3% in the third quarter. LMR Partners LLP now owns 101,576 shares of the exchange traded fund’s stock worth $2,995,000 after purchasing an additional 1,001,576 shares during the period.

iShares MSCI Brazil ETF Stock Down 2.8 %

EWZ opened at $25.47 on Friday. The stock has a market cap of $4.00 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $34.13. The company has a fifty day simple moving average of $24.11 and a 200 day simple moving average of $26.95.

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).