iShares MSCI Brazil ETF $EWZ Shares Sold by Millburn Ridgefield LLC DE

Millburn Ridgefield LLC DE cut its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 2.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 659,985 shares of the exchange traded fund’s stock after selling 15,894 shares during the period. iShares MSCI Brazil ETF comprises approximately 0.5% of Millburn Ridgefield LLC DE’s holdings, making the stock its 27th biggest position. Millburn Ridgefield LLC DE owned 0.28% of iShares MSCI Brazil ETF worth $20,968,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Belvedere Trading LLC acquired a new position in iShares MSCI Brazil ETF in the third quarter valued at $537,000. Armstrong Advisory Group Inc. increased its stake in iShares MSCI Brazil ETF by 1.3% in the fourth quarter. Armstrong Advisory Group Inc. now owns 1,276,599 shares of the exchange traded fund’s stock valued at $40,558,000 after purchasing an additional 16,367 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in iShares MSCI Brazil ETF by 95.5% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 63,870 shares of the exchange traded fund’s stock valued at $1,980,000 after purchasing an additional 31,200 shares during the last quarter. JPMorgan Chase & Co. increased its stake in iShares MSCI Brazil ETF by 71.4% in the third quarter. JPMorgan Chase & Co. now owns 2,110,619 shares of the exchange traded fund’s stock valued at $65,429,000 after purchasing an additional 879,500 shares during the last quarter. Finally, Black Swift Group LLC increased its stake in iShares MSCI Brazil ETF by 17.4% in the third quarter. Black Swift Group LLC now owns 362,435 shares of the exchange traded fund’s stock valued at $11,235,000 after purchasing an additional 53,590 shares during the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Trading Down 0.7%

iShares MSCI Brazil ETF stock opened at $39.43 on Friday. The firm has a market capitalization of $11.51 billion, a P/E ratio of 9.58 and a beta of 0.65. The stock has a fifty day moving average price of $38.53 and a 200 day moving average price of $35.17. iShares MSCI Brazil ETF has a 52 week low of $26.28 and a 52 week high of $42.02.

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.