iShares MSCI Brazil ETF $EWZ Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. trimmed its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 66.9% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 27,480 shares of the exchange traded fund’s stock after selling 55,551 shares during the period. Geneos Wealth Management Inc.’s holdings in iShares MSCI Brazil ETF were worth $852,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently made changes to their positions in EWZ. Aberdeen Wealth Management LLC acquired a new stake in iShares MSCI Brazil ETF in the 2nd quarter valued at approximately $29,000. Private Trust Co. NA boosted its position in shares of iShares MSCI Brazil ETF by 114.4% during the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock worth $33,000 after buying an additional 572 shares during the period. First Horizon Advisors Inc. grew its stake in shares of iShares MSCI Brazil ETF by 143.5% in the second quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 775 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares MSCI Brazil ETF by 388.0% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 970 shares during the period. Finally, NewEdge Advisors LLC raised its holdings in shares of iShares MSCI Brazil ETF by 819.7% in the 1st 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. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Trading Up 0.5%

EWZ opened at $33.06 on Friday. The stock’s 50-day moving average price is $32.50 and its 200 day moving average price is $30.20. iShares MSCI Brazil ETF has a 12-month low of $22.61 and a 12-month high of $34.80. The firm has a market cap of $6.92 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). The Index seeks to measure the performance of the Brazilian equity market. It is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.