iShares MSCI South Africa ETF (NYSEARCA:EZA) Stock Price Cross Below 200-Day Moving Average – Should You Sell?

iShares MSCI South Africa ETF (NYSEARCA:EZA) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $46.41 and traded as low as $42.49. iShares MSCI South Africa ETF shares last traded at $42.71, with a volume of 231,715 shares.

iShares MSCI South Africa ETF Stock Performance

The stock has a market cap of $269.07 million, a price-to-earnings ratio of 9.23 and a beta of 1.16. The company’s 50 day simple moving average is $44.90 and its two-hundred day simple moving average is $46.41.

Institutional Investors Weigh In On iShares MSCI South Africa ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of iShares MSCI South Africa ETF in the third quarter worth $212,000. Sunbelt Securities Inc. bought a new stake in iShares MSCI South Africa ETF in the 3rd quarter valued at $220,000. Flow Traders U.S. LLC acquired a new stake in iShares MSCI South Africa ETF in the 3rd quarter worth $434,000. Janney Montgomery Scott LLC bought a new position in shares of iShares MSCI South Africa ETF during the 3rd quarter worth about $985,000. Finally, Innealta Capital LLC acquired a new position in shares of iShares MSCI South Africa ETF during the third quarter valued at about $1,174,000.

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).