Freedom Investment Management Inc. Has $228,000 Stock Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Freedom Investment Management Inc. reduced its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 4.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,120 shares of the exchange traded fund’s stock after selling 440 shares during the period. Freedom Investment Management Inc.’s holdings in iShares MSCI Brazil ETF were worth $228,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in EWZ. Perigon Wealth Management LLC bought a new position in shares of iShares MSCI Brazil ETF in the 4th quarter worth about $215,000. FMR LLC increased its holdings in iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 602 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in iShares MSCI Brazil ETF by 7.3% in the fourth quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 2,310 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in iShares MSCI Brazil ETF by 35.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,920 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 2,315 shares during the period. Finally, V Square Quantitative Management LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 19.7% during the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after buying an additional 1,094 shares in the last quarter.

iShares MSCI Brazil ETF Stock Up 2.6 %

Shares of EWZ stock opened at $25.86 on Wednesday. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $32.75. The firm has a 50 day moving average of $25.31 and a 200-day moving average of $25.58. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 9.75 and a beta of 0.86.

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).