Sumitomo Mitsui DS Asset Management Company Ltd Buys 1,905 Shares of iShares MSCI Qatar ETF (NASDAQ:QAT)

Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of iShares MSCI Qatar ETF (NASDAQ:QAT) by 1.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 120,610 shares of the company’s stock after acquiring an additional 1,905 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd owned about 3.02% of iShares MSCI Qatar ETF worth $2,187,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of QAT. Rhumbline Advisers boosted its position in shares of iShares MSCI Qatar ETF by 17.4% during the third quarter. Rhumbline Advisers now owns 189,449 shares of the company’s stock worth $3,295,000 after acquiring an additional 28,063 shares during the last quarter. Rock Creek Group LP boosted its position in shares of iShares MSCI Qatar ETF by 1,942.3% during the third quarter. Rock Creek Group LP now owns 421,274 shares of the company’s stock worth $7,326,000 after acquiring an additional 400,647 shares during the last quarter. Knollwood Investment Advisory LLC bought a new position in shares of iShares MSCI Qatar ETF during the third quarter worth $221,000. Finally, Citigroup Inc. raised its stake in iShares MSCI Qatar ETF by 118.1% during the third quarter. Citigroup Inc. now owns 5,302 shares of the company’s stock valued at $92,000 after purchasing an additional 2,871 shares in the last quarter.

iShares MSCI Qatar ETF Stock Down 1.2 %

iShares MSCI Qatar ETF stock opened at $17.15 on Thursday. The company has a market cap of $78.03 million, a price-to-earnings ratio of 10.96 and a beta of 0.48. The firm’s fifty day moving average is $17.72 and its 200 day moving average is $17.45. iShares MSCI Qatar ETF has a 52-week low of $15.66 and a 52-week high of $19.56.

About iShares MSCI Qatar ETF

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.