Comerica Bank Sells 806 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Comerica Bank reduced its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 14.2% in the fourth quarter, Holdings Channel reports. The fund owned 4,884 shares of the exchange traded fund’s stock after selling 806 shares during the quarter. Comerica Bank’s holdings in iShares MSCI Brazil ETF were worth $110,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Perigon Wealth Management LLC bought a new position in iShares MSCI Brazil ETF in the 4th quarter valued at $215,000. Sanctuary Advisors LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 7.3% during the 4th quarter. Sanctuary Advisors LLC now owns 34,100 shares of the exchange traded fund’s stock worth $768,000 after acquiring an additional 2,310 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares MSCI Brazil ETF by 35.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 8,920 shares of the exchange traded fund’s stock worth $201,000 after acquiring an additional 2,315 shares during the last quarter. Quantessence Capital LLC bought a new stake in shares of iShares MSCI Brazil ETF during the 4th quarter worth $545,000. Finally, V Square Quantitative Management LLC lifted its holdings in shares of iShares MSCI Brazil ETF by 19.7% during the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after acquiring an additional 1,094 shares during the last quarter.

iShares MSCI Brazil ETF Stock Down 0.0%

Shares of NYSEARCA:EWZ opened at $28.00 on Monday. The stock has a market cap of $4.15 billion, a PE ratio of 10.20 and a beta of 0.90. The company’s fifty day moving average is $26.08 and its 200 day moving average is $25.42. iShares MSCI Brazil ETF has a 52 week low of $22.26 and a 52 week high of $31.93.

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).