iShares MSCI Brazil ETF $EWZ Shares Sold by Avanda Investment Management Pte. Ltd.

Avanda Investment Management Pte. Ltd. trimmed its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 50.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 49,692 shares of the exchange traded fund’s stock after selling 49,693 shares during the quarter. iShares MSCI Brazil ETF comprises approximately 1.2% of Avanda Investment Management Pte. Ltd.’s portfolio, making the stock its 15th largest holding. Avanda Investment Management Pte. Ltd.’s holdings in iShares MSCI Brazil ETF were worth $1,540,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in EWZ. Phoenix Financial Ltd. increased its holdings in shares of iShares MSCI Brazil ETF by 276.2% in the second quarter. Phoenix Financial Ltd. now owns 6,609,000 shares of the exchange traded fund’s stock valued at $190,670,000 after purchasing an additional 4,852,250 shares during the last quarter. Nan Fung Trinity HK Ltd. grew its holdings in iShares MSCI Brazil ETF by 136.7% in the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 2,005,000 shares of the exchange traded fund’s stock valued at $62,155,000 after buying an additional 1,157,900 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in shares of iShares MSCI Brazil ETF by 13.8% in the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,540,907 shares of the exchange traded fund’s stock worth $44,211,000 after acquiring an additional 186,332 shares during the last quarter. Man Group plc raised its holdings in shares of iShares MSCI Brazil ETF by 7,362.6% during the 2nd quarter. Man Group plc now owns 1,392,230 shares of the exchange traded fund’s stock worth $40,166,000 after acquiring an additional 1,373,574 shares during the period. Finally, Armstrong Advisory Group Inc. raised its holdings in shares of iShares MSCI Brazil ETF by 1.5% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,260,232 shares of the exchange traded fund’s stock worth $39,067,000 after acquiring an additional 18,377 shares during the period. 72.69% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Trading Down 1.1%

Shares of EWZ opened at $38.06 on Friday. iShares MSCI Brazil ETF has a 12-month low of $23.05 and a 12-month high of $39.45. The firm has a market capitalization of $8.98 billion, a P/E ratio of 9.58 and a beta of 0.87. The firm has a 50-day moving average price of $34.23 and a 200 day moving average price of $31.70.

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.