iShares MSCI Brazil ETF $EWZ Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. trimmed its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 45.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 29,500 shares of the exchange traded fund’s stock after selling 24,281 shares during the period. Jefferies Financial Group Inc.’s holdings in iShares MSCI Brazil ETF were worth $914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in iShares MSCI Brazil ETF by 18.0% during the 1st quarter. Royal Bank of Canada now owns 344,041 shares of the exchange traded fund’s stock worth $8,894,000 after acquiring an additional 52,532 shares during the period. NewEdge Advisors LLC increased its holdings in shares of iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 1,500 shares during the period. Envestnet Asset Management Inc. raised its stake in shares of iShares MSCI Brazil ETF by 42.5% in the second quarter. Envestnet Asset Management Inc. now owns 12,010 shares of the exchange traded fund’s stock worth $346,000 after purchasing an additional 3,579 shares during the last quarter. Nwam LLC purchased a new position in shares of iShares MSCI Brazil ETF in the second quarter worth about $661,000. Finally, SBI Securities Co. Ltd. lifted its holdings in shares of iShares MSCI Brazil ETF by 48.9% during the second quarter. SBI Securities Co. Ltd. now owns 44,604 shares of the exchange traded fund’s stock worth $1,287,000 after purchasing an additional 14,654 shares during the period. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Stock Down 4.0%

Shares of NYSEARCA EWZ opened at $36.12 on Friday. iShares MSCI Brazil ETF has a 52 week low of $23.05 and a 52 week high of $39.69. The business’s 50 day moving average price is $36.50 and its 200 day moving average price is $33.03. The firm has a market cap of $8.53 billion, a P/E ratio of 9.58 and a beta of 0.87.

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). 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.