JPMorgan Chase & Co. Purchases 147,200 Shares of iShares MSCI South Africa ETF $EZA

JPMorgan Chase & Co. boosted its position in iShares MSCI South Africa ETF (NYSEARCA:EZA) by 20.0% during the 3rd quarter, HoldingsChannel reports. The firm owned 883,389 shares of the exchange traded fund’s stock after purchasing an additional 147,200 shares during the period. JPMorgan Chase & Co. owned about 0.11% of iShares MSCI South Africa ETF worth $56,625,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sumitomo Mitsui Trust Group Inc. lifted its stake in shares of iShares MSCI South Africa ETF by 65.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,141 shares of the exchange traded fund’s stock worth $491,000 after purchasing an additional 3,631 shares during the period. Innealta Capital LLC increased its holdings in iShares MSCI South Africa ETF by 138.7% during the third quarter. Innealta Capital LLC now owns 21,697 shares of the exchange traded fund’s stock valued at $1,391,000 after buying an additional 12,608 shares during the last quarter. SG Americas Securities LLC raised its position in iShares MSCI South Africa ETF by 386.7% in the third quarter. SG Americas Securities LLC now owns 27,327 shares of the exchange traded fund’s stock worth $1,752,000 after acquiring an additional 21,712 shares during the period. ABC Arbitrage SA bought a new position in iShares MSCI South Africa ETF in the third quarter worth approximately $631,000. Finally, Ameriprise Financial Inc. purchased a new position in shares of iShares MSCI South Africa ETF during the 2nd quarter worth $5,138,000.

iShares MSCI South Africa ETF Price Performance

Shares of EZA stock opened at $80.27 on Thursday. The company has a market cap of $834.81 million, a price-to-earnings ratio of 14.34 and a beta of 0.78. iShares MSCI South Africa ETF has a 1 year low of $39.74 and a 1 year high of $81.19. The firm has a fifty day moving average price of $73.42 and a 200-day moving average price of $66.82.

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). 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.