Stifel Financial Corp Decreases Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Stifel Financial Corp lessened its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 48.1% during the 3rd quarter, Holdings Channel reports. The fund owned 205,554 shares of the exchange traded fund’s stock after selling 190,524 shares during the quarter. Stifel Financial Corp’s holdings in iShares MSCI Brazil ETF were worth $6,062,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. FMR LLC raised its holdings in shares of iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 602 shares during the period. Ashton Thomas Private Wealth LLC purchased a new position in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $36,000. International Assets Investment Management LLC purchased a new position in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $61,000. CWM LLC raised its holdings in shares of iShares MSCI Brazil ETF by 17.2% during the 2nd quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock worth $77,000 after acquiring an additional 412 shares during the period. Finally, Hollencrest Capital Management purchased a new position in shares of iShares MSCI Brazil ETF during the 2nd quarter worth $102,000.

iShares MSCI Brazil ETF Stock Down 1.9 %

NYSEARCA EWZ opened at $25.25 on Friday. iShares MSCI Brazil ETF has a 52 week low of $25.08 and a 52 week high of $35.74. The business’s fifty day simple moving average is $27.39 and its 200-day simple moving average is $28.36. The firm has a market cap of $3.97 billion, a PE ratio of 5.65 and a beta of 0.93.

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).