Raymond James & Associates Sells 355,136 Shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ)

Raymond James & Associates cut its stake in shares of iShares MSCI Brazil ETF (NYSEARCA:EWZ) by 80.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 88,560 shares of the exchange traded fund’s stock after selling 355,136 shares during the quarter. Raymond James & Associates’ holdings in iShares MSCI Brazil ETF were worth $3,630,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Cetera Advisors LLC grew its holdings in shares of iShares MSCI Brazil ETF by 2.5% during the 4th quarter. Cetera Advisors LLC now owns 38,160 shares of the exchange traded fund’s stock valued at $1,469,000 after purchasing an additional 942 shares during the last quarter. Tibra Equities Europe Ltd bought a new stake in iShares MSCI Brazil ETF during the 4th quarter worth approximately $788,000. Prudential Financial Inc. grew its holdings in iShares MSCI Brazil ETF by 524.1% during the 4th quarter. Prudential Financial Inc. now owns 258,283 shares of the exchange traded fund’s stock worth $9,859,000 after acquiring an additional 216,900 shares during the last quarter. AGF Investments Inc. bought a new stake in iShares MSCI Brazil ETF during the 4th quarter worth approximately $497,000. Finally, Telemetry Investments L.L.C. bought a new stake in iShares MSCI Brazil ETF during the 4th quarter worth approximately $458,000.

EWZ traded up $0.03 during trading on Friday, reaching $43.72. 21,891,236 shares of the company’s stock were exchanged, compared to its average volume of 29,846,072. iShares MSCI Brazil ETF has a one year low of $30.65 and a one year high of $45.72. The stock has a fifty day moving average price of $41.24.

The firm also recently announced a semiannual dividend, which was paid on Friday, June 21st. Shareholders of record on Tuesday, June 18th were issued a dividend of $0.5312 per share. This represents a yield of 2.65%. The ex-dividend date was Monday, June 17th.

About iShares MSCI Brazil ETF

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).

Further Reading: Dividend Achievers

Institutional Ownership by Quarter for iShares MSCI Brazil ETF (NYSEARCA:EWZ)

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