iShares MSCI Brazil ETF $EWZ Stock Sold by Nvwm LLC

Nvwm LLC lowered its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 63.2% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 17,216 shares of the exchange traded fund’s stock after selling 29,588 shares during the quarter. Nvwm LLC’s holdings in iShares MSCI Brazil ETF were worth $641,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Continuum Advisory LLC purchased a new stake in shares of iShares MSCI Brazil ETF during the second quarter valued at approximately $25,000. XP Advisory US Inc. bought a new stake in iShares MSCI Brazil ETF during the second quarter worth $33,000. Highland Investment Advisors LLC purchased a new position in iShares MSCI Brazil ETF in the second quarter worth $46,000. Timbuktu Capital Management LLC purchased a new position in iShares MSCI Brazil ETF in the second quarter worth $79,000. Finally, Polaris Financial Partners purchased a new position in iShares MSCI Brazil ETF in the third quarter worth $90,000. 72.69% of the stock is owned by institutional investors.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $42.60 on Thursday. The company has a market capitalization of $12.34 billion, a PE ratio of 9.58 and a beta of 0.57. The business has a fifty day moving average price of $37.47 and a two-hundred day moving average price of $37.02. iShares MSCI Brazil ETF has a 1 year low of $29.07 and a 1 year high of $43.90.

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.