SOL Capital Management CO Lowers Stock Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

SOL Capital Management CO cut its position in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 26.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,365 shares of the exchange traded fund’s stock after selling 6,200 shares during the quarter. SOL Capital Management CO’s holdings in iShares MSCI Brazil ETF were worth $391,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in EWZ. Money Design Co. Ltd. purchased a new position in shares of iShares MSCI Brazil ETF in the 4th quarter worth approximately $19,296,000. Perigon Wealth Management LLC bought a new stake in iShares MSCI Brazil ETF during the fourth quarter worth $215,000. Union Bancaire Privee UBP SA purchased a new position in iShares MSCI Brazil ETF in the fourth quarter worth $2,325,000. Geneos Wealth Management Inc. grew its stake in iShares MSCI Brazil ETF by 13.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 22,331 shares of the exchange traded fund’s stock valued at $503,000 after purchasing an additional 2,602 shares during the period. Finally, SG Americas Securities LLC increased its position in shares of iShares MSCI Brazil ETF by 8.1% during the 4th quarter. SG Americas Securities LLC now owns 1,882,208 shares of the exchange traded fund’s stock valued at $42,369,000 after purchasing an additional 141,277 shares during the last quarter.

iShares MSCI Brazil ETF Stock Performance

Shares of NYSEARCA:EWZ opened at $25.33 on Friday. The company has a market capitalization of $3.98 billion, a P/E ratio of 5.65 and a beta of 0.93. The company’s 50-day moving average is $24.17 and its 200 day moving average is $27.17. iShares MSCI Brazil ETF has a fifty-two week low of $22.26 and a fifty-two week high of $34.13.

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).