Solstein Capital LLC Trims Stock Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Solstein Capital LLC lessened its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 58.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,688 shares of the exchange traded fund’s stock after selling 14,917 shares during the quarter. Solstein Capital LLC’s holdings in iShares MSCI Brazil ETF were worth $241,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. FMR LLC raised its position in iShares MSCI Brazil ETF by 174.5% in the third quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after purchasing an additional 602 shares during the period. IHT Wealth Management LLC raised its holdings in shares of iShares MSCI Brazil ETF by 54.5% in the 3rd quarter. IHT Wealth Management LLC now owns 14,937 shares of the exchange traded fund’s stock valued at $440,000 after buying an additional 5,269 shares during the period. Quadrature Capital Ltd acquired a new position in iShares MSCI Brazil ETF during the 3rd quarter worth about $233,000. Insigneo Advisory Services LLC lifted its stake in iShares MSCI Brazil ETF by 7.1% during the 3rd quarter. Insigneo Advisory Services LLC now owns 16,242 shares of the exchange traded fund’s stock worth $479,000 after acquiring an additional 1,079 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in iShares MSCI Brazil ETF by 992.4% during the 3rd quarter. National Bank of Canada FI now owns 15,622 shares of the exchange traded fund’s stock valued at $461,000 after acquiring an additional 14,192 shares during the period.

iShares MSCI Brazil ETF Price Performance

Shares of NYSEARCA:EWZ opened at $24.50 on Friday. The firm has a market capitalization of $3.12 billion, a PE ratio of 10.86 and a beta of 1.17. iShares MSCI Brazil ETF has a 1 year low of $22.26 and a 1 year high of $33.00. The firm’s 50-day moving average is $25.48 and its two-hundred day moving average is $26.06.

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).