iShares MSCI South Africa ETF (NYSEARCA:EZA) Share Price Pass Above 50 Day Moving Average – Time to Sell?

iShares MSCI South Africa ETF (NYSEARCA:EZA) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $55.42 and traded as high as $57.32. iShares MSCI South Africa ETF shares last traded at $57.25, with a volume of 164,387 shares changing hands.

iShares MSCI South Africa ETF Stock Performance

The stock has a 50 day moving average of $55.42 and a 200-day moving average of $51.07. The company has a market cap of $440.83 million, a PE ratio of 14.34 and a beta of 1.01.

Institutional Investors Weigh In On iShares MSCI South Africa ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. SG Americas Securities LLC increased its holdings in 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 worth $576,000 after buying an additional 1,378 shares during the period. Polianta Ltd boosted its holdings 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 during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of iShares MSCI South Africa ETF by 12.2% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 5,510 shares of the exchange traded fund’s stock worth $265,000 after acquiring an additional 600 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of iShares MSCI South Africa ETF by 4.4% during the first quarter. SBI Securities Co. Ltd. now owns 10,009 shares of the exchange traded fund’s stock worth $482,000 after purchasing an additional 419 shares during the last quarter. Finally, Mount Lucas Management LP raised its holdings in shares of iShares MSCI South Africa ETF by 1.2% during the first quarter. Mount Lucas Management LP now owns 19,825 shares of the exchange traded fund’s stock worth $954,000 after purchasing an additional 234 shares during the last quarter.

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).