iShares MSCI Brazil ETF $EWZ Stock Holdings Trimmed by Ping Capital Management Inc.

Ping Capital Management Inc. reduced its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 7.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 244,800 shares of the exchange traded fund’s stock after selling 21,000 shares during the quarter. iShares MSCI Brazil ETF accounts for about 2.6% of Ping Capital Management Inc.’s holdings, making the stock its 7th largest holding. Ping Capital Management Inc.’s holdings in iShares MSCI Brazil ETF were worth $7,589,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of EWZ. Global Retirement Partners LLC lifted its position in iShares MSCI Brazil ETF by 11.0% in the 3rd quarter. Global Retirement Partners LLC now owns 3,975 shares of the exchange traded fund’s stock worth $123,000 after buying an additional 395 shares during the last quarter. Samalin Investment Counsel LLC raised its stake in shares of iShares MSCI Brazil ETF by 5.1% during the third quarter. Samalin Investment Counsel LLC now owns 8,699 shares of the exchange traded fund’s stock worth $270,000 after acquiring an additional 425 shares in the last quarter. Private Trust Co. NA raised its stake in shares of iShares MSCI Brazil ETF by 114.4% during the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after acquiring an additional 572 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 60.0% in the 2nd quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 660 shares during the last quarter. Finally, Sharper & Granite LLC boosted its stake in shares of iShares MSCI Brazil ETF by 5.5% in the 2nd quarter. Sharper & Granite LLC now owns 13,975 shares of the exchange traded fund’s stock valued at $404,000 after purchasing an additional 725 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Stock Performance

EWZ stock opened at $36.59 on Friday. The firm has a market cap of $8.10 billion, a P/E ratio of 9.58 and a beta of 0.87. The firm’s fifty day moving average is $32.80 and its 200 day moving average is $30.59. iShares MSCI Brazil ETF has a 52 week low of $23.05 and a 52 week high of $36.88.

About iShares MSCI Brazil ETF

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.