Bank of Montreal Can Has $379,000 Holdings in iShares MSCI Brazil ETF $EWZ

Bank of Montreal Can trimmed its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 55.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,143 shares of the exchange traded fund’s stock after selling 16,619 shares during the period. Bank of Montreal Can’s holdings in iShares MSCI Brazil ETF were worth $379,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. WealthShield Partners LLC bought a new stake in iShares MSCI Brazil ETF in the first quarter valued at approximately $37,000. NewEdge Advisors LLC lifted its holdings in iShares MSCI Brazil ETF by 819.7% in the first quarter. NewEdge Advisors LLC now owns 1,683 shares of the exchange traded fund’s stock valued at $44,000 after buying an additional 1,500 shares during the period. Parallel Advisors LLC boosted its position in iShares MSCI Brazil ETF by 60.0% during the second quarter. Parallel Advisors LLC now owns 1,760 shares of the exchange traded fund’s stock valued at $51,000 after acquiring an additional 660 shares during the last quarter. Harbour Investments Inc. grew its holdings in iShares MSCI Brazil ETF by 92.0% during the 2nd quarter. Harbour Investments Inc. now owns 1,784 shares of the exchange traded fund’s stock worth $51,000 after acquiring an additional 855 shares during the period. Finally, Blair William & Co. IL raised its position in shares of iShares MSCI Brazil ETF by 58.8% in the 1st quarter. Blair William & Co. IL now owns 2,700 shares of the exchange traded fund’s stock worth $70,000 after acquiring an additional 1,000 shares in the last quarter. 72.69% of the stock is currently owned by institutional investors.

iShares MSCI Brazil ETF Price Performance

Shares of iShares MSCI Brazil ETF stock opened at $32.71 on Wednesday. The stock’s 50-day moving average is $30.85 and its 200 day moving average is $28.96. iShares MSCI Brazil ETF has a one year low of $22.26 and a one year high of $33.62. The firm has a market cap of $6.32 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87.

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).