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

iShares MSCI South Africa ETF (NYSEARCA:EZA) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $48.07 and traded as high as $50.80. iShares MSCI South Africa ETF shares last traded at $50.41, with a volume of 84,637 shares.

iShares MSCI South Africa ETF Stock Down 0.3 %

The stock has a market cap of $317.58 million, a PE ratio of 9.23 and a beta of 1.16. The stock has a fifty day moving average of $48.07 and a 200-day moving average of $44.29.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Gould Asset Management LLC CA acquired a new stake in shares of iShares MSCI South Africa ETF in the 1st quarter worth $203,000. Mount Lucas Management LP purchased a new position in iShares MSCI South Africa ETF during the second quarter worth about $863,000. Finally, SG Americas Securities LLC lifted its position in iShares MSCI South Africa ETF by 63.2% in the first quarter. SG Americas Securities LLC now owns 131,940 shares of the exchange traded fund’s stock valued at $5,168,000 after purchasing an additional 51,097 shares during the period.

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).