Vontobel Holding Ltd. Sells 23,031 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Vontobel Holding Ltd. reduced its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 50.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 22,921 shares of the exchange traded fund’s stock after selling 23,031 shares during the period. Vontobel Holding Ltd.’s holdings in iShares MSCI Brazil ETF were worth $676,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brookstone Capital Management boosted its holdings in shares of iShares MSCI Brazil ETF by 6.7% in the 1st quarter. Brookstone Capital Management now owns 18,947 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 1,194 shares during the last quarter. New Harbor Financial Group LLC grew its position in shares of iShares MSCI Brazil ETF by 1.5% in the 1st quarter. New Harbor Financial Group LLC now owns 628,056 shares of the exchange traded fund’s stock valued at $20,362,000 after acquiring an additional 9,189 shares during the period. Toronto Dominion Bank increased its stake in shares of iShares MSCI Brazil ETF by 46.1% during the 1st quarter. Toronto Dominion Bank now owns 8,351 shares of the exchange traded fund’s stock worth $271,000 after purchasing an additional 2,637 shares during the last quarter. Global Assets Advisory LLC bought a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at about $2,100,000. Finally, Csenge Advisory Group lifted its stake in iShares MSCI Brazil ETF by 19.5% in the 1st quarter. Csenge Advisory Group now owns 18,209 shares of the exchange traded fund’s stock valued at $590,000 after purchasing an additional 2,971 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

iShares MSCI Brazil ETF stock opened at $28.17 on Tuesday. The stock has a 50-day simple moving average of $29.57 and a 200 day simple moving average of $29.54. The stock has a market capitalization of $4.42 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 52 week low of $26.23 and a 52 week high of $35.74.

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).