iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. lessened its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,617 shares of the exchange traded fund’s stock after selling 660 shares during the quarter. PNC Financial Services Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of EWZ. Bank of Nova Scotia lifted its holdings in iShares MSCI Brazil ETF by 383.9% during the 4th quarter. Bank of Nova Scotia now owns 3,552,853 shares of the exchange traded fund’s stock worth $124,208,000 after buying an additional 2,818,566 shares during the last quarter. Bridgewater Associates LP bought a new position in iShares MSCI Brazil ETF during the 4th quarter worth approximately $96,166,000. Morgan Stanley lifted its holdings in shares of iShares MSCI Brazil ETF by 35.6% in the 3rd quarter. Morgan Stanley now owns 9,253,730 shares of the exchange traded fund’s stock worth $283,812,000 after purchasing an additional 2,428,079 shares during the last quarter. OLD Mission Capital LLC bought a new stake in shares of iShares MSCI Brazil ETF in the 4th quarter worth approximately $58,247,000. Finally, Morningstar Investment Services LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 97.0% in the 4th quarter. Morningstar Investment Services LLC now owns 1,565,860 shares of the exchange traded fund’s stock worth $54,977,000 after purchasing an additional 771,053 shares during the last quarter.

iShares MSCI Brazil ETF Trading Down 0.7 %

Shares of NYSEARCA EWZ opened at $27.14 on Tuesday. The company has a market cap of $4.26 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 12-month low of $26.83 and a 12-month high of $35.74. The stock’s 50 day simple moving average is $29.86 and its 200 day simple moving average is $31.92.

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).