Catalyst Capital Advisors LLC Decreases Stake in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Catalyst Capital Advisors LLC lowered its holdings in iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 6.2% in the 3rd quarter, Holdings Channel reports. The firm owned 623,630 shares of the exchange traded fund’s stock after selling 41,540 shares during the period. Catalyst Capital Advisors LLC’s holdings in iShares MSCI Brazil ETF were worth $18,391,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the business. Ground Swell Capital LLC bought a new stake in shares of iShares MSCI Brazil ETF in the third quarter worth $977,000. Private Advisor Group LLC grew its holdings in iShares MSCI Brazil ETF by 9.4% during the third quarter. Private Advisor Group LLC now owns 50,699 shares of the exchange traded fund’s stock valued at $1,495,000 after purchasing an additional 4,343 shares during the period. AFG Fiduciary Services Limited Partnership grew its holdings in iShares MSCI Brazil ETF by 74.7% during the third quarter. AFG Fiduciary Services Limited Partnership now owns 35,264 shares of the exchange traded fund’s stock valued at $999,000 after purchasing an additional 15,073 shares during the period. Creative Planning bought a new stake in iShares MSCI Brazil ETF during the third quarter valued at about $208,000. Finally, Heartwood Wealth Advisors LLC grew its holdings in iShares MSCI Brazil ETF by 8.3% during the third quarter. Heartwood Wealth Advisors LLC now owns 15,590 shares of the exchange traded fund’s stock valued at $460,000 after purchasing an additional 1,195 shares during the period.

iShares MSCI Brazil ETF Stock Performance

NYSEARCA:EWZ opened at $27.80 on Tuesday. The stock has a 50-day simple moving average of $29.14 and a two-hundred day simple moving average of $29.29. iShares MSCI Brazil ETF has a 52-week low of $26.23 and a 52-week high of $35.74. The firm has a market capitalization of $4.37 billion, a PE ratio of 5.65 and a beta of 0.93.

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).