iShares MSCI Brazil ETF $EWZ Stock: TD Waterhouse Canada Inc. Cuts Holdings

TD Waterhouse Canada Inc. decreased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 58.2% during the 3rd quarter, Holdings Channel reports. The fund owned 40,119 shares of the exchange traded fund’s stock after selling 55,903 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in iShares MSCI Brazil ETF were worth $1,490,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Banque Pictet & Cie SA bought a new stake in iShares MSCI Brazil ETF in the third quarter valued at approximately $5,815,000. BFI Infinity Ltd. bought a new position in shares of iShares MSCI Brazil ETF during the third quarter worth $335,000. Walser Wealth Management Company A Ltd Liability Co boosted its position in shares of iShares MSCI Brazil ETF by 15.4% during the third quarter. Walser Wealth Management Company A Ltd Liability Co now owns 10,581 shares of the exchange traded fund’s stock worth $394,000 after purchasing an additional 1,415 shares in the last quarter. Kellett Wealth Advisors LLC acquired a new position in shares of iShares MSCI Brazil ETF in the 3rd quarter valued at $200,000. Finally, Mather Group LLC. acquired a new position in shares of iShares MSCI Brazil ETF in the 3rd quarter valued at $159,000. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 1.0%

EWZ opened at $42.51 on Thursday. iShares MSCI Brazil ETF has a 12 month low of $29.86 and a 12 month high of $43.90. The company has a fifty day simple moving average of $38.20 and a 200 day simple moving average of $37.18. The stock has a market cap of $13.61 billion, a P/E ratio of 9.58 and a beta of 0.57.

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.