Zurich Insurance Group Ltd FI Decreases Stock Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Zurich Insurance Group Ltd FI cut its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 79.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,258 shares of the exchange traded fund’s stock after selling 68,726 shares during the quarter. Zurich Insurance Group Ltd FI’s holdings in iShares MSCI Brazil ETF were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Bank Julius Baer & Co. Ltd Zurich bought a new position in iShares MSCI Brazil ETF during the 4th quarter valued at $54,000. Global Retirement Partners LLC boosted its stake in iShares MSCI Brazil ETF by 131.5% during the 1st quarter. Global Retirement Partners LLC now owns 1,609 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 914 shares during the last quarter. Allworth Financial LP bought a new position in iShares MSCI Brazil ETF during the 4th quarter valued at $83,000. CWM LLC boosted its stake in iShares MSCI Brazil ETF by 288.6% during the 1st quarter. CWM LLC now owns 2,390 shares of the exchange traded fund’s stock valued at $77,000 after acquiring an additional 1,775 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC bought a new position in iShares MSCI Brazil ETF during the 4th quarter valued at $214,000.

iShares MSCI Brazil ETF Trading Down 1.2 %

NYSEARCA EWZ traded down $0.34 during trading hours on Tuesday, reaching $27.42. 9,235,225 shares of the company traded hands, compared to its average volume of 21,417,068. iShares MSCI Brazil ETF has a 12 month low of $26.83 and a 12 month high of $35.74. The stock has a market capitalization of $4.31 billion, a PE ratio of 5.65 and a beta of 0.93. The company has a 50 day moving average of $28.50 and a two-hundred day moving average of $31.03.

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).