Allspring Global Investments Holdings LLC Sells 14,568 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Allspring Global Investments Holdings LLC lessened its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 17.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 70,755 shares of the exchange traded fund’s stock after selling 14,568 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Brazil ETF were worth $1,593,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. SG Americas Securities LLC increased its holdings in iShares MSCI Brazil ETF by 8.1% during the fourth quarter. SG Americas Securities LLC now owns 1,882,208 shares of the exchange traded fund’s stock valued at $42,369,000 after buying an additional 141,277 shares during the period. Itau Unibanco Holding S.A. increased its holdings in iShares MSCI Brazil ETF by 606.2% during the third quarter. Itau Unibanco Holding S.A. now owns 1,189,412 shares of the exchange traded fund’s stock valued at $35,076,000 after buying an additional 1,020,993 shares during the period. Money Design Co. Ltd. purchased a new position in iShares MSCI Brazil ETF during the fourth quarter valued at approximately $19,296,000. Spinnaker Trust increased its holdings in iShares MSCI Brazil ETF by 3.8% during the third quarter. Spinnaker Trust now owns 285,733 shares of the exchange traded fund’s stock valued at $8,426,000 after buying an additional 10,410 shares during the period. Finally, Polianta Ltd purchased a new position in iShares MSCI Brazil ETF during the fourth quarter valued at approximately $5,618,000.

iShares MSCI Brazil ETF Stock Down 2.8 %

Shares of EWZ stock opened at $25.47 on Friday. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 5.65 and a beta of 0.93. The company’s 50 day moving average is $24.11 and its 200 day moving average is $26.95. iShares MSCI Brazil ETF has a 52-week low of $22.26 and a 52-week high of $34.13.

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).