iShares MSCI South Africa ETF (NYSEARCA:EZA) Sees Unusually-High Trading Volume – What’s Next?

iShares MSCI South Africa ETF (NYSEARCA:EZA) saw an uptick in trading volume on Thursday . 695,366 shares traded hands during trading, an increase of 109% from the previous session’s volume of 332,954 shares.The stock last traded at $73.6020 and had previously closed at $73.39.

iShares MSCI South Africa ETF Trading Down 1.3%

The stock has a market capitalization of $662.30 million, a PE ratio of 14.34 and a beta of 0.78. The business has a fifty day moving average price of $68.52 and a 200-day moving average price of $62.60.

Institutional Trading of iShares MSCI South Africa ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of iShares MSCI South Africa ETF by 20.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 883,389 shares of the exchange traded fund’s stock worth $56,625,000 after acquiring an additional 147,200 shares during the period. Ameriprise Financial Inc. purchased a new position in iShares MSCI South Africa ETF during the second quarter valued at $5,138,000. One Capital Management LLC boosted its holdings in shares of iShares MSCI South Africa ETF by 0.9% during the 3rd quarter. One Capital Management LLC now owns 28,060 shares of the exchange traded fund’s stock valued at $1,799,000 after buying an additional 260 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of iShares MSCI South Africa ETF by 386.7% during the 3rd quarter. SG Americas Securities LLC now owns 27,327 shares of the exchange traded fund’s stock valued at $1,752,000 after buying an additional 21,712 shares in the last quarter. Finally, Innealta Capital LLC grew its position in shares of iShares MSCI South Africa ETF by 138.7% in the 3rd quarter. Innealta Capital LLC now owns 21,697 shares of the exchange traded fund’s stock worth $1,391,000 after buying an additional 12,608 shares during the period.

iShares MSCI South Africa ETF Company Profile

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). The Index seeks to measure the performance of the South African equity market. The Index is a capitalization-weighted index that aims to capture 85% of the (publicly available) total market capitalization.