HighTower Advisors LLC Has $774,000 Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

HighTower Advisors LLC lessened its stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 77.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 34,368 shares of the exchange traded fund’s stock after selling 119,562 shares during the quarter. HighTower Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $774,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. FMR LLC grew its holdings in shares of iShares MSCI Brazil ETF by 174.5% during the 3rd quarter. FMR LLC now owns 947 shares of the exchange traded fund’s stock valued at $28,000 after acquiring an additional 602 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in iShares MSCI Brazil ETF during the fourth quarter valued at $40,000. Finley Financial LLC purchased a new position 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 4th quarter worth about $134,000. Finally, V Square Quantitative Management LLC increased its position in iShares MSCI Brazil ETF by 19.7% in the 4th quarter. V Square Quantitative Management LLC now owns 6,640 shares of the exchange traded fund’s stock worth $149,000 after purchasing an additional 1,094 shares during the last quarter.

iShares MSCI Brazil ETF Price Performance

Shares of iShares MSCI Brazil ETF stock opened at $25.96 on Friday. The firm has a market cap of $3.32 billion, a price-to-earnings ratio of 10.38 and a beta of 1.17. The stock has a 50-day simple moving average of $25.31 and a 200-day simple moving average of $26.19. iShares MSCI Brazil ETF has a 52-week low of $22.26 and a 52-week high of $33.00.

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).