iShares MSCI Brazil ETF $EWZ Position Lowered by SG Americas Securities LLC

SG Americas Securities LLC lessened its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 59.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 436,406 shares of the exchange traded fund’s stock after selling 643,734 shares during the quarter. SG Americas Securities LLC owned approximately 0.23% of iShares MSCI Brazil ETF worth $13,529,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Phoenix Financial Ltd. raised its position in shares of iShares MSCI Brazil ETF by 276.2% during the 2nd quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock worth $190,670,000 after buying an additional 4,852,250 shares in the last quarter. Man Group plc raised its holdings in iShares MSCI Brazil ETF by 7,362.6% during the 2nd quarter. Man Group plc now owns 1,392,230 shares of the exchange traded fund’s stock worth $40,166,000 after buying an additional 1,373,574 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in shares of iShares MSCI Brazil ETF during the second quarter valued at approximately $35,828,000. Caxton Associates LLP acquired a new stake in shares of iShares MSCI Brazil ETF in the second quarter worth $30,788,000. Finally, Simplex Trading LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 1,006.5% during the second quarter. Simplex Trading LLC now owns 955,457 shares of the exchange traded fund’s stock worth $27,564,000 after purchasing an additional 869,110 shares during the period. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA EWZ opened at $32.88 on Friday. The stock has a market cap of $6.88 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. The business has a 50 day simple moving average of $32.47 and a 200 day simple moving average of $30.17. iShares MSCI Brazil ETF has a 52 week low of $22.61 and a 52 week high of $34.80.

iShares MSCI Brazil ETF Company 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.