LPL Financial LLC Has $3.69 Million Holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

LPL Financial LLC decreased its holdings in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 52.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 163,859 shares of the exchange traded fund’s stock after selling 178,201 shares during the period. LPL Financial LLC’s holdings in iShares MSCI Brazil ETF were worth $3,688,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. FMR LLC grew its holdings in iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock worth $28,000 after acquiring an additional 602 shares during the period. FNY Investment Advisers LLC acquired a new stake in shares of iShares MSCI Brazil ETF during the fourth quarter worth $40,000. Finley Financial LLC bought a new stake in iShares MSCI Brazil ETF in the fourth quarter valued at about $77,000. Ameliora Wealth Management Ltd. acquired a new position in iShares MSCI Brazil ETF in the fourth quarter valued at about $134,000. Finally, V Square Quantitative Management LLC boosted its holdings in iShares MSCI Brazil ETF by 19.7% during the fourth quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after buying an additional 1,094 shares during the last quarter.

iShares MSCI Brazil ETF Price Performance

Shares of EWZ stock opened at $24.19 on Friday. The stock has a market cap of $3.08 billion, a PE ratio of 10.86 and a beta of 1.17. The stock has a 50-day moving average of $25.37 and a 200-day moving average of $25.83. iShares MSCI Brazil ETF has a one year low of $22.26 and a one year high of $32.75.

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).