SBI Securities Co. Ltd. Purchases New Stake in iShares MSCI South Africa ETF (NYSEARCA:EZA)

SBI Securities Co. Ltd. purchased a new stake in iShares MSCI South Africa ETF (NYSEARCA:EZA) during the 4th quarter, HoldingsChannel.com reports. The firm purchased 9,590 shares of the exchange traded fund’s stock, valued at approximately $402,000.

Several other hedge funds have also added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. boosted its holdings in iShares MSCI South Africa ETF by 16.6% in the fourth 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. Polianta Ltd lifted its stake in iShares MSCI South Africa ETF by 3.8% in the fourth quarter. Polianta Ltd now owns 144,000 shares of the exchange traded fund’s stock valued at $6,035,000 after buying an additional 5,300 shares during the period. Sunbelt Securities Inc. acquired a new position in iShares MSCI South Africa ETF in the third quarter valued at about $220,000. Flow Traders U.S. LLC acquired a new position in iShares MSCI South Africa ETF in the third quarter valued at about $434,000. Finally, Janney Montgomery Scott LLC acquired a new position in iShares MSCI South Africa ETF in the third quarter valued at about $985,000.

iShares MSCI South Africa ETF Trading Up 1.2 %

NYSEARCA:EZA opened at $45.07 on Wednesday. iShares MSCI South Africa ETF has a 1-year low of $37.35 and a 1-year high of $51.68. The business’s 50-day moving average price is $43.93 and its two-hundred day moving average price is $46.62. The firm has a market capitalization of $342.53 million, a price-to-earnings ratio of 12.98 and a beta of 1.00.

iShares MSCI South Africa ETF 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).