Hamilton Wealth LLC Reduces Position in iShares MSCI Brazil ETF $EWZ

Hamilton Wealth LLC decreased its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 7.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 287,183 shares of the exchange traded fund’s stock after selling 24,704 shares during the period. iShares MSCI Brazil ETF makes up about 1.9% of Hamilton Wealth LLC’s portfolio, making the stock its 17th biggest holding. Hamilton Wealth LLC owned about 0.15% of iShares MSCI Brazil ETF worth $8,903,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. MKP Capital Management L.L.C. purchased a new position in shares of iShares MSCI Brazil ETF in the third quarter worth about $68,820,000. JPMorgan Chase & Co. raised its position in iShares MSCI Brazil ETF by 71.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,110,619 shares of the exchange traded fund’s stock worth $65,429,000 after buying an additional 879,500 shares during the last quarter. Nan Fung Trinity HK Ltd. raised its position in iShares MSCI Brazil ETF by 136.7% during the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 2,005,000 shares of the exchange traded fund’s stock worth $62,155,000 after buying an additional 1,157,900 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. lifted its stake in iShares MSCI Brazil ETF by 20.7% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,860,351 shares of the exchange traded fund’s stock valued at $57,333,000 after acquiring an additional 319,444 shares during the period. Finally, Man Group plc boosted its holdings in shares of iShares MSCI Brazil ETF by 20.7% in the 3rd quarter. Man Group plc now owns 1,680,656 shares of the exchange traded fund’s stock valued at $52,100,000 after acquiring an additional 288,426 shares during 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 iShares MSCI Brazil ETF stock opened at $35.49 on Monday. The stock has a market cap of $8.38 billion, a PE ratio of 9.58 and a beta of 0.87. The firm has a fifty day moving average price of $36.57 and a 200 day moving average price of $33.14. iShares MSCI Brazil ETF has a 1 year low of $23.05 and a 1 year high of $39.69.

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.