iShares MSCI South Africa ETF (NYSEARCA:EZA) Shares Cross Above 50 Day Moving Average – Here’s Why

Shares of iShares MSCI South Africa ETF (NYSEARCA:EZA) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $50.84 and traded as high as $52.20. iShares MSCI South Africa ETF shares last traded at $51.73, with a volume of 73,858 shares traded.

iShares MSCI South Africa ETF Trading Down 0.1%

The company’s 50 day simple moving average is $50.84 and its 200 day simple moving average is $47.04. The stock has a market capitalization of $387.98 million, a PE ratio of 13.05 and a beta of 0.74.

Institutional Investors Weigh In On iShares MSCI South Africa ETF

A number of institutional investors have recently modified their holdings of EZA. SBI Securities Co. Ltd. bought a new position in shares of iShares MSCI South Africa ETF in the fourth quarter valued at approximately $402,000. Mount Lucas Management LP lifted its position in shares of iShares MSCI South Africa ETF by 7.7% in the 4th quarter. Mount Lucas Management LP now owns 19,591 shares of the exchange traded fund’s stock valued at $821,000 after acquiring an additional 1,400 shares in the last quarter. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI South Africa ETF in the 4th quarter valued at approximately $1,411,000. SG Americas Securities LLC lifted its position in shares of iShares MSCI South Africa ETF by 13.0% in the 1st quarter. SG Americas Securities LLC now owns 11,966 shares of the exchange traded fund’s stock valued at $576,000 after acquiring an additional 1,378 shares in the last quarter. Finally, Polianta Ltd lifted its position in shares of iShares MSCI South Africa ETF by 6.3% in the 1st quarter. Polianta Ltd now owns 153,100 shares of the exchange traded fund’s stock valued at $7,368,000 after acquiring an additional 9,100 shares in the last quarter.

About iShares MSCI South Africa ETF

iShares MSCI South Africa ETF, formerly iShares MSCI South Africa Index Fund (the Fund), is an exchange traded fund. The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the South African market, as measured by the MSCI South Africa Index (the Index).