iShares MSCI Brazil ETF (NYSEARCA:EWZ) Position Trimmed by Bridgewater Associates LP

Bridgewater Associates LP lowered its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 81.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 690,320 shares of the exchange traded fund’s stock after selling 3,042,033 shares during the period. Bridgewater Associates LP owned approximately 0.44% of iShares MSCI Brazil ETF worth $20,358,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. FMR LLC raised its holdings in iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after buying an additional 602 shares during the period. Pekin Hardy Strauss Inc. raised its holdings in shares of iShares MSCI Brazil ETF by 1.1% during the third quarter. Pekin Hardy Strauss Inc. now owns 202,460 shares of the exchange traded fund’s stock valued at $5,971,000 after acquiring an additional 2,145 shares during the period. Great Valley Advisor Group Inc. raised its holdings in shares of iShares MSCI Brazil ETF by 7.9% during the third quarter. Great Valley Advisor Group Inc. now owns 39,914 shares of the exchange traded fund’s stock valued at $1,177,000 after acquiring an additional 2,921 shares during the period. LMR Partners LLP lifted its position in shares of iShares MSCI Brazil ETF by 111.3% in the 3rd quarter. LMR Partners LLP now owns 101,576 shares of the exchange traded fund’s stock valued at $2,995,000 after acquiring an additional 1,001,576 shares in the last quarter. Finally, Spinnaker Trust boosted its stake in iShares MSCI Brazil ETF by 3.8% in the 3rd quarter. Spinnaker Trust now owns 285,733 shares of the exchange traded fund’s stock worth $8,426,000 after purchasing an additional 10,410 shares during the period.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA EWZ opened at $26.46 on Thursday. The firm’s 50 day moving average price is $28.39 and its two-hundred day moving average price is $28.83. iShares MSCI Brazil ETF has a twelve month low of $26.23 and a twelve month high of $35.74. The stock has a market cap of $4.16 billion, a price-to-earnings 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).