BW Gestao de Investimentos Ltda. Has $5.22 Million Position in iShares MSCI Brazil ETF $EWZ

BW Gestao de Investimentos Ltda. reduced its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 80.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 164,400 shares of the exchange traded fund’s stock after selling 668,400 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in iShares MSCI Brazil ETF were worth $5,223,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EWZ. Truxt Investmentos Ltda. acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at about $25,000. Ameriflex Group Inc. lifted its holdings in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after buying an additional 440 shares during the period. NewEdge Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. Triumph Capital Management acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at approximately $90,000. Finally, Krilogy Financial LLC acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at approximately $183,000. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

EWZ opened at $35.78 on Wednesday. The firm’s fifty day moving average is $38.40 and its two-hundred day moving average is $36.13. The firm has a market cap of $10.44 billion, a PE ratio of 9.58 and a beta of 0.65. iShares MSCI Brazil ETF has a twelve month low of $26.30 and a twelve month high of $42.02.

iShares MSCI Brazil ETF Profile

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.