Cairn Investment Group Inc. Sells 4,820 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Cairn Investment Group Inc. lessened its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,830 shares of the exchange traded fund’s stock after selling 4,820 shares during the quarter. iShares MSCI Brazil ETF makes up about 2.7% of Cairn Investment Group Inc.’s holdings, making the stock its 11th largest position. Cairn Investment Group Inc. owned approximately 0.13% of iShares MSCI Brazil ETF worth $4,633,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of EWZ. Sanctuary Advisors LLC bought a new stake in iShares MSCI Brazil ETF during the second quarter worth $615,000. Heartwood Wealth Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 8.3% during the third quarter. Heartwood Wealth Advisors LLC now owns 15,590 shares of the exchange traded fund’s stock worth $460,000 after acquiring an additional 1,195 shares during the period. Creative Planning bought a new stake in iShares MSCI Brazil ETF during the third quarter worth $208,000. AFG Fiduciary Services Limited Partnership lifted its holdings in iShares MSCI Brazil ETF by 74.7% during the third quarter. AFG Fiduciary Services Limited Partnership now owns 35,264 shares of the exchange traded fund’s stock worth $999,000 after acquiring an additional 15,073 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in iShares MSCI Brazil ETF by 9.4% during the third quarter. Private Advisor Group LLC now owns 50,699 shares of the exchange traded fund’s stock worth $1,495,000 after acquiring an additional 4,343 shares during the period.

iShares MSCI Brazil ETF Trading Down 0.4 %

Shares of iShares MSCI Brazil ETF stock opened at $24.67 on Thursday. The business’s fifty day simple moving average is $24.24 and its 200 day simple moving average is $27.21. The firm has a market capitalization of $3.87 billion, a P/E ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 12 month low of $22.26 and a 12 month high of $34.13.

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).