Fisher Asset Management LLC bought a new stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 564,303 shares of the company’s stock, valued at approximately $24,096,000.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Caprock Group LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 8.5% in the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock valued at $238,000 after buying an additional 439 shares in the last quarter. OneDigital Investment Advisors LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 11.6% in the third quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $400,000 after buying an additional 970 shares in the last quarter. Florin Court Capital LLP purchased a new position in iShares MSCI Saudi Arabia ETF in the third quarter valued at about $3,852,000. State of New Jersey Common Pension Fund D increased its holdings in iShares MSCI Saudi Arabia ETF by 6.0% in the third quarter. State of New Jersey Common Pension Fund D now owns 131,049 shares of the company’s stock valued at $5,596,000 after buying an additional 7,476 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in iShares MSCI Saudi Arabia ETF by 37.6% in the third quarter. Blue Trust Inc. now owns 14,074 shares of the company’s stock valued at $572,000 after buying an additional 3,849 shares in the last quarter.
iShares MSCI Saudi Arabia ETF Trading Down 1.4 %
Shares of iShares MSCI Saudi Arabia ETF stock opened at $40.33 on Thursday. iShares MSCI Saudi Arabia ETF has a 12-month low of $39.38 and a 12-month high of $45.10. The stock has a market cap of $754.17 million, a PE ratio of 17.50 and a beta of 0.58. The company has a 50-day moving average of $41.87 and a two-hundred day moving average of $41.51.
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.
Recommended Stories
- Five stocks we like better than iShares MSCI Saudi Arabia ETF
- What Makes a Stock a Good Dividend Stock?
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- P/E Ratio Calculation: How to Assess Stocks
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- High Dividend REITs: Are They an Ideal Way to Diversify?
- 2 Generic Drug Stocks Ready to Surge in 2025
Want to see what other hedge funds are holding KSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report).
Receive News & Ratings for iShares MSCI Saudi Arabia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Saudi Arabia ETF and related companies with MarketBeat.com's FREE daily email newsletter.
