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

by · The Cerbat Gem

iShares MSCI South Africa ETF (NYSEARCA:EZA – Get Free Report) saw an uptick in trading volume on Thursday . 695,366 shares changed hands during mid-day 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 Price Performance

The company has a market capitalization of $673.08 million, a price-to-earnings ratio of 14.34 and a beta of 0.78. The firm has a fifty day simple moving average of $68.15 and a 200 day simple moving average of $62.39.

Institutional Investors Weigh In On iShares MSCI South Africa ETF

Several large investors have recently bought and sold shares of the company. Sumitomo Mitsui Trust Group Inc. grew its stake in iShares MSCI South Africa ETF by 65.9% during the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,141 shares of the exchange traded fund’s stock valued at $491,000 after acquiring an additional 3,631 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 worth $1,752,000 after purchasing an additional 21,712 shares during the last quarter. Innealta Capital LLC grew its position in shares of iShares MSCI South Africa ETF by 138.7% in the third quarter. Innealta Capital LLC now owns 21,697 shares of the exchange traded fund’s stock valued at $1,391,000 after purchasing an additional 12,608 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of iShares MSCI South Africa ETF by 20.0% in the third quarter. JPMorgan Chase & Co. now owns 883,389 shares of the exchange traded fund’s stock valued at $56,625,000 after purchasing an additional 147,200 shares in the last quarter. Finally, Barometer Capital Management Inc. acquired a new stake in shares of iShares MSCI South Africa ETF in the third quarter valued at approximately $320,000.

About iShares MSCI South Africa ETF

(Get Free Report)

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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