Nwam LLC Has $598,000 Stock Holdings in iShares MSCI Brazil ETF $EWZ

Nwam LLC reduced its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 82.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 17,328 shares of the exchange traded fund’s stock after selling 82,032 shares during the period. Nwam LLC’s holdings in iShares MSCI Brazil ETF were worth $598,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Quantitative Investment Management LLC acquired a new position in shares of iShares MSCI Brazil ETF during the 2nd quarter worth approximately $10,580,000. Wellington Management Group LLP raised its stake in iShares MSCI Brazil ETF by 45.7% in the 2nd quarter. Wellington Management Group LLP now owns 1,797,317 shares of the exchange traded fund’s stock valued at $62,007,000 after acquiring an additional 564,165 shares during the period. USA Financial Formulas acquired a new stake in iShares MSCI Brazil ETF during the 1st quarter valued at $186,000. Hudson Value Partners LLC boosted its position in iShares MSCI Brazil ETF by 2.8% during the second quarter. Hudson Value Partners LLC now owns 32,903 shares of the exchange traded fund’s stock worth $1,135,000 after purchasing an additional 902 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in shares of iShares MSCI Brazil ETF by 63.6% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 24,382 shares of the exchange traded fund’s stock valued at $841,000 after purchasing an additional 9,478 shares during the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ opened at $38.09 on Thursday. The firm has a market capitalization of $9.64 billion, a PE ratio of 9.58 and a beta of 0.61. The company’s 50-day moving average is $35.29 and its 200-day moving average is $36.68. iShares MSCI Brazil ETF has a fifty-two week low of $28.66 and a fifty-two week high of $42.02.

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). 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.