SG Americas Securities LLC Reduces Stock Position in iShares MSCI South Africa ETF (NYSEARCA:EZA)

SG Americas Securities LLC trimmed its position in iShares MSCI South Africa ETF (NYSEARCA:EZA) by 62.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,958 shares of the exchange traded fund’s stock after selling 54,664 shares during the period. SG Americas Securities LLC owned about 0.52% of iShares MSCI South Africa ETF worth $1,661,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of EZA. Polianta Ltd boosted its holdings in shares of iShares MSCI South Africa ETF by 31.7% during the first quarter. Polianta Ltd now owns 161,500 shares of the exchange traded fund’s stock worth $6,325,000 after purchasing an additional 38,900 shares during the last quarter. Gould Asset Management LLC CA acquired a new stake in shares of iShares MSCI South Africa ETF in the first quarter valued at about $203,000. Finally, Mount Lucas Management LP acquired a new position in shares of iShares MSCI South Africa ETF during the second quarter worth $863,000.

iShares MSCI South Africa ETF Stock Performance

Shares of NYSEARCA EZA opened at $49.00 on Wednesday. The firm has a market cap of $308.70 million, a price-to-earnings ratio of 9.23 and a beta of 1.16. iShares MSCI South Africa ETF has a 1 year low of $36.46 and a 1 year high of $51.68. The stock’s 50-day simple moving average is $47.00 and its 200-day simple moving average is $43.62.

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).