Sumitomo Mitsui Trust Holdings Inc. Sells 19,996 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Sumitomo Mitsui Trust Holdings Inc. lowered its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 22.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 70,473 shares of the exchange traded fund’s stock after selling 19,996 shares during the quarter. Sumitomo Mitsui Trust Holdings Inc.’s holdings in iShares MSCI Brazil ETF were worth $2,464,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. KB Financial Partners LLC bought a new stake in iShares MSCI Brazil ETF in the third quarter valued at about $31,000. Private Trust Co. NA acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at about $38,000. Allworth Financial LP acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at about $83,000. Blair William & Co. IL grew its stake in iShares MSCI Brazil ETF by 94.8% in the third quarter. Blair William & Co. IL now owns 3,250 shares of the exchange traded fund’s stock valued at $100,000 after acquiring an additional 1,582 shares during the period. Finally, IFP Advisors Inc grew its stake in iShares MSCI Brazil ETF by 41.2% in the third quarter. IFP Advisors Inc now owns 4,801 shares of the exchange traded fund’s stock valued at $147,000 after acquiring an additional 1,401 shares during the period.

iShares MSCI Brazil ETF Trading Down 0.5 %

NYSEARCA:EWZ opened at $30.99 on Thursday. iShares MSCI Brazil ETF has a 1 year low of $27.20 and a 1 year high of $35.74. The stock has a market cap of $4.87 billion, a price-to-earnings ratio of 5.69 and a beta of 0.93. The stock has a 50-day moving average price of $32.34 and a two-hundred day moving average price of $32.74.

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).