Brazil ETF Continues Slide as Pros Depart Petrobras
February 19, 2015 at 14:40 PM EST
The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ), the largest Brazil ETF by assets, is trading lower by almost 1% Thursday as traders digest news that some professional investors have been dumping shares of Petrobras (NYSE: PBR), one of EWZ’s largest holdings. In the essence of fairness, which is...