Anthracite Investment Company Inc. Sells 108,400 Shares of iShares MSCI Brazil ETF $EWZ

Anthracite Investment Company Inc. lessened its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 24.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 327,000 shares of the exchange traded fund’s stock after selling 108,400 shares during the quarter. iShares MSCI Brazil ETF accounts for about 4.7% of Anthracite Investment Company Inc.’s holdings, making the stock its 2nd biggest position. Anthracite Investment Company Inc.’s holdings in iShares MSCI Brazil ETF were worth $9,434,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in EWZ. North Capital Inc. purchased a new stake in iShares MSCI Brazil ETF in the 1st quarter valued at approximately $26,000. WealthShield Partners LLC purchased a new stake in iShares MSCI Brazil ETF in the 1st quarter valued at approximately $37,000. NewEdge Advisors LLC boosted its holdings in iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares in the last quarter. Parallel Advisors LLC boosted its holdings in iShares MSCI Brazil ETF by 60.0% in the 2nd quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after purchasing an additional 660 shares in the last quarter. Finally, Harbour Investments Inc. boosted its stake in shares of iShares MSCI Brazil ETF by 92.0% during the 2nd quarter. Harbour Investments Inc. now owns 1,784 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 855 shares in the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $30.48 on Friday. The business’s 50 day simple moving average is $29.76 and its 200-day simple moving average is $28.17. The firm has a market capitalization of $5.89 billion, a price-to-earnings ratio of 9.58 and a beta of 0.97. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $31.46.

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).