iShares MSCI Brazil ETF $EWZ Stock Holdings Lessened by Avaii Wealth Management LLC

Avaii Wealth Management LLC reduced its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 74.9% in the third quarter, Holdings Channel reports. The fund owned 5,621 shares of the exchange traded fund’s stock after selling 16,818 shares during the quarter. Avaii Wealth Management LLC’s holdings in iShares MSCI Brazil ETF were worth $215,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of EWZ. Contravisory Investment Management Inc. increased its position in iShares MSCI Brazil ETF by 2.2% in the second quarter. Contravisory Investment Management Inc. now owns 17,487 shares of the exchange traded fund’s stock worth $603,000 after purchasing an additional 383 shares during the last quarter. Parallel Advisors LLC grew its stake in shares of iShares MSCI Brazil ETF by 22.4% in the 1st quarter. Parallel Advisors LLC now owns 2,511 shares of the exchange traded fund’s stock worth $96,000 after buying an additional 459 shares in the last quarter. First Growth Capital LLC grew its stake in shares of iShares MSCI Brazil ETF by 4.9% in the 1st quarter. First Growth Capital LLC now owns 14,683 shares of the exchange traded fund’s stock worth $563,000 after buying an additional 680 shares in the last quarter. Continuum Advisory LLC bought a new stake in shares of iShares MSCI Brazil ETF in the 2nd quarter worth about $25,000. Finally, Hudson Value Partners LLC increased its holdings in shares of iShares MSCI Brazil ETF by 2.8% in the 2nd quarter. Hudson Value Partners LLC now owns 32,903 shares of the exchange traded fund’s stock worth $1,135,000 after buying an additional 902 shares during the last quarter. 72.69% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA EWZ traded up $0.95 during mid-day trading on Friday, hitting $43.54. 56,914,520 shares of the company’s stock traded hands, compared to its average volume of 30,560,352. iShares MSCI Brazil ETF has a 1 year low of $28.66 and a 1 year high of $43.90. The company’s 50-day moving average is $36.92 and its two-hundred day moving average is $36.84. The company has a market capitalization of $10.24 billion, a P/E ratio of 9.58 and a beta of 0.57.

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.