Nwam LLC Has $598,000 Stake in iShares MSCI Brazil ETF $EWZ

Nwam LLC lessened its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 82.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,328 shares of the exchange traded fund’s stock after selling 82,032 shares during the quarter. Nwam LLC’s holdings in iShares MSCI Brazil ETF were worth $598,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the business. Parallel Advisors LLC grew its position in iShares MSCI Brazil ETF by 16.7% in the fourth quarter. Parallel Advisors LLC now owns 2,052 shares of the exchange traded fund’s stock valued at $65,000 after purchasing an additional 293 shares in the last quarter. 3EDGE Asset Management LP lifted its position in iShares MSCI Brazil ETF by 2.6% during the 4th quarter. 3EDGE Asset Management LP now owns 14,885 shares of the exchange traded fund’s stock worth $473,000 after buying an additional 382 shares in the last quarter. Contravisory Investment Management Inc. boosted its stake in shares of iShares MSCI Brazil ETF by 2.2% during the 2nd quarter. Contravisory Investment Management Inc. now owns 17,487 shares of the exchange traded fund’s stock worth $603,000 after buying an additional 383 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of iShares MSCI Brazil ETF by 8.5% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 5,435 shares of the exchange traded fund’s stock worth $173,000 after buying an additional 426 shares during the last quarter. Finally, Zacks Investment Management boosted its stake in shares of iShares MSCI Brazil ETF by 1.2% during the 3rd quarter. Zacks Investment Management now owns 37,908 shares of the exchange traded fund’s stock worth $1,175,000 after buying an additional 446 shares during the last quarter. Institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA EWZ opened at $38.09 on Thursday. The business has a 50-day moving average of $35.29 and a 200-day moving average of $36.68. The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of 9.58 and a beta of 0.61. iShares MSCI Brazil ETF has a fifty-two week low of $28.66 and a fifty-two 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.