JPMorgan Chase & Co. Sells 36,436 Shares of iShares MSCI South Africa ETF (NYSEARCA:EZA)

JPMorgan Chase & Co. lessened its stake in shares of iShares MSCI South Africa ETF (NYSEARCA:EZA) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,139,220 shares of the exchange traded fund’s stock after selling 36,436 shares during the period. JPMorgan Chase & Co. owned 18.08% of iShares MSCI South Africa ETF worth $57,417,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Innealta Capital LLC bought a new stake in iShares MSCI South Africa ETF during the third quarter worth $1,174,000. Mount Lucas Management LP bought a new stake in shares of iShares MSCI South Africa ETF during the 2nd quarter worth $863,000. Janney Montgomery Scott LLC acquired a new stake in iShares MSCI South Africa ETF in the third quarter valued at about $985,000. Flow Traders U.S. LLC bought a new position in iShares MSCI South Africa ETF in the third quarter valued at about $434,000. Finally, Sunbelt Securities Inc. acquired a new position in iShares MSCI South Africa ETF during the third quarter worth about $220,000.

iShares MSCI South Africa ETF Trading Up 1.1 %

EZA stock opened at $42.78 on Friday. The stock has a market capitalization of $269.51 million, a P/E ratio of 9.23 and a beta of 1.16. The firm has a 50-day moving average price of $46.86 and a 200-day moving average price of $46.51. iShares MSCI South Africa ETF has a 12 month low of $36.71 and a 12 month high of $51.68.

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).