Raymond James Financial Services Advisors Inc. purchased a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 5,700 shares of the company’s stock, valued at approximately $241,000.
Other large investors also recently made changes to their positions in the company. Northern Trust Corp lifted its holdings in iShares MSCI Saudi Arabia ETF by 42.7% in the 3rd quarter. Northern Trust Corp now owns 1,668,800 shares of the company’s stock worth $64,649,000 after purchasing an additional 498,958 shares during the last quarter. Mondrian Investment Partners LTD acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the third quarter worth $8,292,000. Comerica Bank acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the third quarter worth $4,710,000. Glovista Investments LLC boosted its holdings in shares of iShares MSCI Saudi Arabia ETF by 83.1% during the 3rd quarter. Glovista Investments LLC now owns 166,845 shares of the company’s stock worth $6,530,000 after buying an additional 75,729 shares during the period. Finally, RWC Asset Advisors US LLC acquired a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter valued at $2,341,000.
iShares MSCI Saudi Arabia ETF Price Performance
Shares of KSA opened at $43.34 on Wednesday. iShares MSCI Saudi Arabia ETF has a one year low of $36.21 and a one year high of $45.10. The company’s fifty day moving average price is $44.31 and its 200 day moving average price is $41.86. The company has a market capitalization of $810.46 million, a PE ratio of 18.42 and a beta of 0.56.
iShares MSCI Saudi Arabia ETF Company Profile
The iShares MSCI Saudi Arabia ETF (KSA) is an exchange-traded fund that is based on the MSCI Saudi Arabia IMI 25-50 index, a market-cap-weighted index of Saudi Arabian firms covering 99% of the market cap spectrum. KSA was launched on Sep 16, 2015 and is managed by BlackRock.
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