25,240 iShares MSCI Brazil ETF $EWZ Shares Sold by Point Nemo Capital LLC

Point Nemo Capital LLC lowered its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 87.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,623 shares of the exchange traded fund’s stock after selling 25,240 shares during the period. Point Nemo Capital LLC’s holdings in iShares MSCI Brazil ETF were worth $135,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of EWZ. 180 Wealth Advisors LLC grew its holdings in iShares MSCI Brazil ETF by 5.8% during the third quarter. 180 Wealth Advisors LLC now owns 11,965 shares of the exchange traded fund’s stock valued at $446,000 after purchasing an additional 659 shares during the period. AlphaCentric Advisors LLC increased its position in iShares MSCI Brazil ETF by 11.7% in the third quarter. AlphaCentric Advisors LLC now owns 5,338 shares of the exchange traded fund’s stock worth $199,000 after buying an additional 558 shares during the last quarter. Guidance Capital Inc. raised its stake in shares of iShares MSCI Brazil ETF by 3.7% in the third quarter. Guidance Capital Inc. now owns 19,099 shares of the exchange traded fund’s stock valued at $711,000 after buying an additional 676 shares during the period. Pekin Hardy Strauss Inc. bought a new stake in shares of iShares MSCI Brazil ETF in the third quarter valued at $15,130,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of iShares MSCI Brazil ETF in the third quarter valued at $1,274,000. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA EWZ opened at $31.98 on Friday. iShares MSCI Brazil ETF has a one year low of $30.72 and a one year high of $43.90. The business’s fifty day moving average price is $38.06 and its 200-day moving average price is $37.11. The stock has a market capitalization of $9.33 billion, a PE ratio of 9.58 and a beta of 0.66.

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.