Allspring Global Investments Holdings LLC Decreases Stock Position in iShares MSCI Brazil ETF $EWZ

Allspring Global Investments Holdings LLC lowered its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 42.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,148 shares of the exchange traded fund’s stock after selling 18,261 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares MSCI Brazil ETF were worth $799,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Global Retirement Partners LLC raised its position in iShares MSCI Brazil ETF by 11.0% during the 3rd quarter. Global Retirement Partners LLC now owns 3,975 shares of the exchange traded fund’s stock valued at $123,000 after purchasing an additional 395 shares during the last quarter. Retirement Planning Co of New England Inc. raised its position in iShares MSCI Brazil ETF by 5.4% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 8,093 shares of the exchange traded fund’s stock valued at $251,000 after purchasing an additional 413 shares during the last quarter. Samalin Investment Counsel LLC raised its position in iShares MSCI Brazil ETF by 5.1% during the 3rd quarter. Samalin Investment Counsel LLC now owns 8,699 shares of the exchange traded fund’s stock valued at $270,000 after purchasing an additional 425 shares during the last quarter. Ameriflex Group Inc. raised its position in iShares MSCI Brazil ETF by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 880 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 440 shares during the last quarter. Finally, Zacks Investment Management raised its position in iShares MSCI Brazil ETF by 1.2% during the 3rd quarter. Zacks Investment Management now owns 37,908 shares of the exchange traded fund’s stock valued at $1,175,000 after purchasing an additional 446 shares during the last quarter. Hedge funds and other institutional investors own 72.69% of the company’s stock.

iShares MSCI Brazil ETF Price Performance

EWZ opened at $41.33 on Friday. The business has a 50 day simple moving average of $37.81 and a two-hundred day simple moving average of $34.18. The firm has a market capitalization of $10.62 billion, a price-to-earnings ratio of 9.58 and a beta of 0.69. iShares MSCI Brazil ETF has a one year low of $24.08 and a one year high of $41.33.

iShares MSCI Brazil ETF 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.