124,100 iShares MSCI Brazil ETF $EWZ Shares Sold by Corecam AG

Corecam AG decreased its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 53.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 108,050 shares of the exchange traded fund’s stock after selling 124,100 shares during the quarter. iShares MSCI Brazil ETF makes up approximately 3.8% of Corecam AG’s holdings, making the stock its 7th largest holding. Corecam AG’s holdings in iShares MSCI Brazil ETF were worth $4,025,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of EWZ. Bank of Nova Scotia increased its stake in shares of iShares MSCI Brazil ETF by 10,490.4% in the 1st quarter. Bank of Nova Scotia now owns 5,507,028 shares of the exchange traded fund’s stock valued at $211,416,000 after buying an additional 5,455,028 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of iShares MSCI Brazil ETF by 12,304.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 3,119,561 shares of the exchange traded fund’s stock worth $119,760,000 after acquiring an additional 3,094,413 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of iShares MSCI Brazil ETF during the first quarter worth $108,733,000. Temasek Holdings Private Ltd bought a new stake in shares of iShares MSCI Brazil ETF during the first quarter worth $41,339,000. Finally, Absolute Gestao de Investimentos Ltda. lifted its stake in shares of iShares MSCI Brazil ETF by 585.9% during the first quarter. Absolute Gestao de Investimentos Ltda. now owns 939,581 shares of the exchange traded fund’s stock valued at $36,071,000 after acquiring an additional 802,594 shares during the period. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Stock Down 2.1%

iShares MSCI Brazil ETF stock opened at $32.46 on Friday. The business’s 50-day simple moving average is $38.41 and its 200 day simple moving average is $37.14. The stock has a market cap of $9.94 billion, a price-to-earnings ratio of 9.58 and a beta of 0.57. iShares MSCI Brazil ETF has a 12-month low of $30.72 and a 12-month high of $43.90.

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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.