iShares MSCI Brazil ETF $EWZ Stock Sold by Nvwm LLC

Nvwm LLC lowered its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 63.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 17,216 shares of the exchange traded fund’s stock after selling 29,588 shares during the period. Nvwm LLC’s holdings in iShares MSCI Brazil ETF were worth $641,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kellett Wealth Advisors LLC bought a new position in shares of iShares MSCI Brazil ETF in the third quarter valued at approximately $200,000. Mather Group LLC. bought a new stake in iShares MSCI Brazil ETF during the third quarter worth $159,000. Columbus Macro LLC bought a new stake in iShares MSCI Brazil ETF during the third quarter worth $1,715,000. Krilogy Financial LLC bought a new stake in iShares MSCI Brazil ETF during the third quarter worth $179,000. Finally, Armstrong Advisory Group Inc. grew its holdings in iShares MSCI Brazil ETF by 67.5% during the third quarter. Armstrong Advisory Group Inc. now owns 1,266,204 shares of the exchange traded fund’s stock worth $47,166,000 after buying an additional 510,464 shares in the last quarter. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Trading Down 0.6%

Shares of NYSEARCA:EWZ opened at $42.60 on Thursday. The stock’s fifty day simple moving average is $37.47 and its two-hundred day simple moving average is $37.02. iShares MSCI Brazil ETF has a 1-year low of $29.07 and a 1-year high of $43.90. The stock has a market cap of $12.34 billion, a PE ratio of 9.58 and a beta of 0.57.

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.