iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Sold by Evolution Wealth Advisors LLC

Evolution Wealth Advisors LLC cut its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 16.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 9,500 shares of the exchange traded fund’s stock after selling 1,900 shares during the period. Evolution Wealth Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $332,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Morgan Stanley boosted its holdings in iShares MSCI Brazil ETF by 35.6% in the third quarter. Morgan Stanley now owns 9,253,730 shares of the exchange traded fund’s stock valued at $283,812,000 after purchasing an additional 2,428,079 shares during the period. State of Tennessee Treasury Department boosted its holdings in iShares MSCI Brazil ETF by 0.5% in the fourth quarter. State of Tennessee Treasury Department now owns 7,535,887 shares of the exchange traded fund’s stock valued at $210,779,000 after purchasing an additional 36,304 shares during the period. Caisse DE Depot ET Placement DU Quebec boosted its holdings in iShares MSCI Brazil ETF by 0.6% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,637,406 shares of the exchange traded fund’s stock valued at $111,559,000 after purchasing an additional 22,200 shares during the period. Meitav Investment House Ltd. boosted its holdings in iShares MSCI Brazil ETF by 34,384.6% in the third quarter. Meitav Investment House Ltd. now owns 3,336,044 shares of the exchange traded fund’s stock valued at $102,363,000 after purchasing an additional 3,326,370 shares during the period. Finally, City of London Investment Management Co. Ltd. boosted its holdings in iShares MSCI Brazil ETF by 699.4% in the first quarter. City of London Investment Management Co. Ltd. now owns 2,604,980 shares of the exchange traded fund’s stock valued at $98,585,000 after purchasing an additional 2,279,121 shares during the period.

iShares MSCI Brazil ETF Trading Up 2.1 %

NYSEARCA:EWZ traded up $0.63 during midday trading on Friday, reaching $30.74. The company had a trading volume of 28,348,602 shares, compared to its average volume of 22,005,053. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 5.69 and a beta of 0.93. The stock’s fifty day simple moving average is $32.40 and its 200-day simple moving average is $32.67. iShares MSCI Brazil ETF has a 12-month low of $27.20 and a 12-month high of $35.74.

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).