Banco Santander S.A. Sells 156,250 Shares of iShares MSCI Brazil ETF $EWZ

Banco Santander S.A. decreased its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 50.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 151,613 shares of the exchange traded fund’s stock after selling 156,250 shares during the period. Banco Santander S.A. owned about 0.08% of iShares MSCI Brazil ETF worth $4,700,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Truxt Investmentos Ltda. acquired a new position in shares of iShares MSCI Brazil ETF during the 3rd quarter worth approximately $25,000. Aberdeen Wealth Management LLC bought a new position in iShares MSCI Brazil ETF during the second quarter worth $29,000. Private Trust Co. NA increased its holdings in shares of iShares MSCI Brazil ETF by 114.4% in the third quarter. Private Trust Co. NA now owns 1,072 shares of the exchange traded fund’s stock valued at $33,000 after purchasing an additional 572 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of iShares MSCI Brazil ETF by 388.0% in the third quarter. Farther Finance Advisors LLC now owns 1,220 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 970 shares during the period. Finally, First Horizon Advisors Inc. lifted its stake in shares of iShares MSCI Brazil ETF by 143.5% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,315 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 775 shares during the last quarter. 72.69% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Brazil ETF Stock Performance

Shares of EWZ stock opened at $38.73 on Friday. iShares MSCI Brazil ETF has a 52 week low of $23.05 and a 52 week high of $39.69. The company has a market capitalization of $9.14 billion, a price-to-earnings ratio of 9.58 and a beta of 0.87. The company has a 50-day simple moving average of $35.51 and a 200 day simple moving average of $32.47.

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.