Sumitomo Mitsui Trust Group Inc. Sells 8,046 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 22.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 27,325 shares of the exchange traded fund’s stock after selling 8,046 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $806,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC lifted its position in iShares MSCI Brazil ETF by 65.3% during the 2nd quarter. SG Americas Securities LLC now owns 2,527,458 shares of the exchange traded fund’s stock worth $69,075,000 after buying an additional 998,123 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in shares of iShares MSCI Brazil ETF by 25.4% during the second quarter. Catalyst Capital Advisors LLC now owns 665,170 shares of the exchange traded fund’s stock worth $18,179,000 after purchasing an additional 134,769 shares in the last quarter. Rokos Capital Management LLP grew its stake in shares of iShares MSCI Brazil ETF by 33.1% during the first quarter. Rokos Capital Management LLP now owns 612,996 shares of the exchange traded fund’s stock valued at $19,892,000 after purchasing an additional 152,417 shares during the last quarter. DRW Securities LLC increased its holdings in shares of iShares MSCI Brazil ETF by 283.8% in the second quarter. DRW Securities LLC now owns 592,859 shares of the exchange traded fund’s stock valued at $16,203,000 after purchasing an additional 438,376 shares in the last quarter. Finally, Susquehanna International Group Ltd. raised its position in iShares MSCI Brazil ETF by 90.7% in the 2nd quarter. Susquehanna International Group Ltd. now owns 410,946 shares of the exchange traded fund’s stock worth $11,231,000 after purchasing an additional 195,473 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $27.28 on Wednesday. The company has a market cap of $4.28 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. The stock’s fifty day moving average price is $28.63 and its two-hundred day moving average price is $29.00. iShares MSCI Brazil ETF has a 52-week low of $26.23 and a 52-week high of $35.74.

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).