Renaissance Technologies LLC Sells 370,100 Shares of iShares MSCI Brazil ETF $EWZ

Renaissance Technologies LLC reduced its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 52.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 335,500 shares of the exchange traded fund’s stock after selling 370,100 shares during the period. Renaissance Technologies LLC owned about 0.11% of iShares MSCI Brazil ETF worth $12,880,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in EWZ. Parallel Advisors LLC raised its position in iShares MSCI Brazil ETF by 16.7% in the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock worth $65,000 after purchasing an additional 293 shares in the last quarter. 3EDGE Asset Management LP boosted its holdings in iShares MSCI Brazil ETF by 2.6% during the fourth quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock valued at $473,000 after purchasing an additional 382 shares in the last quarter. Nwam LLC grew its stake in shares of iShares MSCI Brazil ETF by 2.2% in the 4th quarter. Nwam LLC now owns 18,410 shares of the exchange traded fund’s stock valued at $585,000 after purchasing an additional 397 shares during the period. Patriot Financial Group Insurance Agency LLC grew its stake in shares of iShares MSCI Brazil ETF by 2.2% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 20,069 shares of the exchange traded fund’s stock valued at $638,000 after purchasing an additional 423 shares during the period. Finally, Retirement Planning Co of New England Inc. raised its holdings in shares of iShares MSCI Brazil ETF by 5.2% in the 4th quarter. Retirement Planning Co of New England Inc. now owns 8,516 shares of the exchange traded fund’s stock worth $271,000 after buying an additional 423 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Trading Up 0.3%

Shares of EWZ opened at $36.65 on Friday. The stock has a market cap of $9.28 billion, a PE ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a 1 year low of $26.39 and a 1 year high of $42.02. The stock has a 50 day simple moving average of $35.08 and a 200-day simple moving average of $36.83.

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.