iShares MSCI Brazil ETF (NYSEARCA:EWZ) Holdings Decreased by Smart Portfolios LLC

Smart Portfolios LLC trimmed its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 14.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,185 shares of the exchange traded fund’s stock after selling 5,247 shares during the period. Smart Portfolios LLC’s holdings in iShares MSCI Brazil ETF were worth $920,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new position in shares of iShares MSCI Brazil ETF in the 2nd quarter valued at about $36,000. International Assets Investment Management LLC acquired a new position in iShares MSCI Brazil ETF in the 2nd quarter valued at approximately $61,000. CWM LLC lifted its position in iShares MSCI Brazil ETF by 17.2% in the 2nd quarter. CWM LLC now owns 2,802 shares of the exchange traded fund’s stock worth $77,000 after buying an additional 412 shares in the last quarter. Hollencrest Capital Management acquired a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter valued at $102,000. Finally, V Square Quantitative Management LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the 2nd quarter valued at $153,000.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA EWZ traded down $0.15 during mid-day trading on Wednesday, reaching $27.94. The company had a trading volume of 8,404,425 shares, compared to its average volume of 20,402,020. iShares MSCI Brazil ETF has a twelve month low of $26.23 and a twelve month high of $35.74. The stock’s 50 day moving average is $29.03 and its 200-day moving average is $29.26. The stock has a market capitalization of $4.39 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).