Bridgewater Associates LP Sells 659,665 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Bridgewater Associates LP reduced its position in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 95.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,655 shares of the exchange traded fund’s stock after selling 659,665 shares during the quarter. Bridgewater Associates LP’s holdings in iShares MSCI Brazil ETF were worth $690,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in EWZ. Perigon Wealth Management LLC purchased a new position in shares of iShares MSCI Brazil ETF in the 4th quarter valued at $215,000. FMR LLC grew its stake in iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 602 shares during the last quarter. Sanctuary Advisors LLC raised its holdings in iShares MSCI Brazil ETF by 7.3% in the fourth quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock worth $768,000 after purchasing an additional 2,310 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of iShares MSCI Brazil ETF by 35.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 8,920 shares of the exchange traded fund’s stock valued at $201,000 after buying an additional 2,315 shares during the last quarter. Finally, V Square Quantitative Management LLC boosted its holdings in shares of iShares MSCI Brazil ETF by 19.7% in the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock valued at $149,000 after buying an additional 1,094 shares in the last quarter.

iShares MSCI Brazil ETF Stock Up 1.7 %

NYSEARCA EWZ opened at $25.22 on Friday. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $32.75. The company has a 50 day moving average price of $25.30 and a 200 day moving average price of $25.63. The firm has a market cap of $3.21 billion, a PE ratio of 9.75 and a beta of 0.86.

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).