iShares MSCI South Africa ETF (NYSEARCA:EZA – Get Free Report)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $70.56 and traded as low as $66.36. iShares MSCI South Africa ETF shares last traded at $66.74, with a volume of 132,208 shares.
iShares MSCI South Africa ETF Price Performance
The firm’s 50 day moving average price is $69.06 and its 200-day moving average price is $70.53. The stock has a market cap of $714.12 million, a P/E ratio of 14.34 and a beta of 0.73.
Hedge Funds Weigh In On iShares MSCI South Africa ETF
A number of hedge funds have recently added to or reduced their stakes in EZA. Banco Bilbao Vizcaya Argentaria S.A. purchased a new stake in iShares MSCI South Africa ETF during the 4th quarter valued at $302,000. Barometer Capital Management Inc. purchased a new position in shares of iShares MSCI South Africa ETF in the third quarter worth $320,000. Providence First Trust Co purchased a new position in shares of iShares MSCI South Africa ETF in the fourth quarter worth $908,000. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of iShares MSCI South Africa ETF by 35.9% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 22,161 shares of the exchange traded fund’s stock valued at $1,525,000 after purchasing an additional 5,850 shares in the last quarter. Finally, Innealta Capital LLC lifted its holdings in shares of iShares MSCI South Africa ETF by 19.2% during the fourth quarter. Innealta Capital LLC now owns 25,860 shares of the exchange traded fund’s stock valued at $1,779,000 after purchasing an additional 4,163 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). 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.
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