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

Bridgewater Associates LP decreased its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 81.5% in the third quarter, Holdings Channel reports. The institutional investor owned 690,320 shares of the exchange traded fund’s stock after selling 3,042,033 shares during the quarter. Bridgewater Associates LP’s holdings in iShares MSCI Brazil ETF were worth $20,358,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LMR Partners LLP grew its stake 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 buying an additional 1,001,576 shares in the last quarter. SG Americas Securities LLC grew its position in iShares MSCI Brazil ETF by 65.3% in the second quarter. SG Americas Securities LLC now owns 2,527,458 shares of the exchange traded fund’s stock worth $69,075,000 after acquiring an additional 998,123 shares in the last quarter. DRW Securities LLC increased its stake in shares of iShares MSCI Brazil ETF by 283.8% during the 2nd quarter. DRW Securities LLC now owns 592,859 shares of the exchange traded fund’s stock worth $16,203,000 after purchasing an additional 438,376 shares during the last quarter. Susquehanna International Group Ltd. raised its holdings in shares of iShares MSCI Brazil ETF by 90.7% during the 2nd quarter. Susquehanna International Group Ltd. now owns 410,946 shares of the exchange traded fund’s stock valued at $11,231,000 after purchasing an additional 195,473 shares in the last quarter. Finally, Ninety One UK Ltd acquired a new stake in shares of iShares MSCI Brazil ETF in the 2nd quarter valued at $4,097,000.

iShares MSCI Brazil ETF Trading Down 3.6 %

Shares of NYSEARCA:EWZ opened at $26.46 on Thursday. The stock has a market capitalization of $4.16 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 1 year low of $26.23 and a 1 year high of $35.74. The firm has a fifty day moving average price of $28.39 and a 200 day moving average price of $28.83.

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).