Whalen Wealth Management Inc. Has $582,000 Position in iShares MSCI Brazil ETF $EWZ

Whalen Wealth Management Inc. lessened its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 75.5% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,173 shares of the exchange traded fund’s stock after selling 62,044 shares during the period. Whalen Wealth Management Inc.’s holdings in iShares MSCI Brazil ETF were worth $582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of EWZ. North Capital Inc. bought a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at about $26,000. WealthShield Partners LLC bought a new stake in shares of iShares MSCI Brazil ETF in the 1st quarter valued at about $37,000. NewEdge Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 819.7% in the 1st quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the last quarter. Parallel Advisors LLC grew its position in shares of iShares MSCI Brazil ETF by 60.0% in the 2nd quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 660 shares during the last quarter. Finally, Harbour Investments Inc. grew its position in shares of iShares MSCI Brazil ETF by 92.0% in the 2nd quarter. Harbour Investments Inc. now owns 1,784 shares of the exchange traded fund’s stock valued at $51,000 after buying an additional 855 shares during the last quarter. Institutional investors and hedge funds own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Trading Up 0.5%

NYSEARCA EWZ opened at $30.92 on Wednesday. The business’s 50-day moving average price is $29.88 and its two-hundred day moving average price is $28.28. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $31.46. The firm has a market capitalization of $5.98 billion, a PE ratio of 9.58 and a beta of 0.87.

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).