Tradewinds Capital Management LLC Has $1.22 Million Position in iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Tradewinds Capital Management LLC cut its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 95.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 37,529 shares of the exchange traded fund’s stock after selling 864,966 shares during the quarter. iShares MSCI Brazil ETF makes up about 0.3% of Tradewinds Capital Management LLC’s portfolio, making the stock its 29th largest position. Tradewinds Capital Management LLC’s holdings in iShares MSCI Brazil ETF were worth $1,217,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Brookstone Capital Management grew its holdings in shares of iShares MSCI Brazil ETF by 6.7% during the first quarter. Brookstone Capital Management now owns 18,947 shares of the exchange traded fund’s stock valued at $614,000 after buying an additional 1,194 shares during the last quarter. Banque Pictet & Cie SA boosted its position in shares of iShares MSCI Brazil ETF by 1.3% during the third quarter. Banque Pictet & Cie SA now owns 234,824 shares of the exchange traded fund’s stock valued at $7,202,000 after buying an additional 3,000 shares during the last quarter. Stifel Financial Corp grew its holdings in iShares MSCI Brazil ETF by 6.4% during the fourth quarter. Stifel Financial Corp now owns 132,825 shares of the exchange traded fund’s stock worth $4,644,000 after buying an additional 8,027 shares in the last quarter. Pekin Hardy Strauss Inc. raised its position in iShares MSCI Brazil ETF by 4.6% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 181,232 shares of the exchange traded fund’s stock valued at $6,336,000 after buying an additional 7,923 shares during the last quarter. Finally, Morgan Stanley lifted its stake in iShares MSCI Brazil ETF by 35.6% during the 3rd quarter. Morgan Stanley now owns 9,253,730 shares of the exchange traded fund’s stock valued at $283,812,000 after acquiring an additional 2,428,079 shares in the last quarter.

iShares MSCI Brazil ETF Stock Performance

EWZ traded up $0.75 during mid-day trading on Wednesday, reaching $27.91. 23,216,670 shares of the stock were exchanged, compared to its average volume of 21,782,037. The company has a 50 day moving average price of $29.78 and a two-hundred day moving average price of $31.87. The stock has a market capitalization of $4.38 billion, a PE ratio of 5.65 and a beta of 0.93. iShares MSCI Brazil ETF has a 1 year low of $26.83 and a 1 year high of $35.74.

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).