iShares MSCI South Africa ETF (NYSEARCA:EZA) Stock Price Pass Below Two Hundred Day Moving Average – Should You Sell?

iShares MSCI South Africa ETF (NYSEARCA:EZA)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $46.71 and traded as low as $46.45. iShares MSCI South Africa ETF shares last traded at $46.65, with a volume of 671,880 shares changing hands.

iShares MSCI South Africa ETF Trading Down 8.0 %

The firm has a market cap of $309.68 million, a P/E ratio of 13.91 and a beta of 1.00. The company’s fifty day moving average price is $46.03 and its two-hundred day moving average price is $46.66.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of EZA. Sunbelt Securities Inc. acquired a new stake in iShares MSCI South Africa ETF in the 3rd quarter valued at about $220,000. Sumitomo Mitsui Trust Group Inc. increased its stake in shares of iShares MSCI South Africa ETF by 16.6% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,910 shares of the exchange traded fund’s stock valued at $206,000 after acquiring an additional 700 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in iShares MSCI South Africa ETF in the third quarter worth $434,000. SBI Securities Co. Ltd. acquired a new stake in iShares MSCI South Africa ETF during the 4th quarter worth $402,000. Finally, Mount Lucas Management LP raised its position in shares of iShares MSCI South Africa ETF by 7.7% during the fourth quarter. Mount Lucas Management LP now owns 19,591 shares of the exchange traded fund’s stock worth $821,000 after purchasing an additional 1,400 shares during the period.

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).