iShares MSCI Brazil ETF $EWZ Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. cut its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 45.1% during the third quarter, Holdings Channel.com reports. The fund owned 29,500 shares of the exchange traded fund’s stock after selling 24,281 shares during the period. Jefferies Financial Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $914,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Truxt Investmentos Ltda. acquired a new position in iShares MSCI Brazil ETF in the 3rd quarter worth about $25,000. Ameriflex Group Inc. grew its holdings in iShares MSCI Brazil ETF by 100.0% in the third quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 440 shares during the period. Aberdeen Wealth Management LLC purchased a new stake in shares of iShares MSCI Brazil ETF in the second quarter valued at approximately $29,000. Private Trust Co. NA increased its position in shares of iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 572 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its stake in shares of iShares MSCI Brazil ETF by 388.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 970 shares during the period. 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 $36.12 on Friday. iShares MSCI Brazil ETF has a 1 year low of $23.05 and a 1 year high of $39.69. The firm has a market capitalization of $8.53 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. The business’s 50 day moving average price is $36.50 and its 200-day moving average price is $33.03.

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.