Denali Advisors LLC raised its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 3.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,000 shares of the company’s stock after buying an additional 300 shares during the quarter. Denali Advisors LLC’s holdings in iShares MSCI Saudi Arabia ETF were worth $368,000 at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Rhumbline Advisers grew its position in iShares MSCI Saudi Arabia ETF by 5.3% during the fourth quarter. Rhumbline Advisers now owns 334,840 shares of the company’s stock valued at $13,675,000 after buying an additional 16,833 shares during the period. Y Intercept Hong Kong Ltd bought a new position in iShares MSCI Saudi Arabia ETF during the third quarter valued at approximately $201,000. Fisher Asset Management LLC bought a new position in iShares MSCI Saudi Arabia ETF during the third quarter valued at approximately $24,096,000. Caprock Group LLC grew its position in iShares MSCI Saudi Arabia ETF by 8.5% during the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock valued at $238,000 after acquiring an additional 439 shares during the last quarter. Finally, Florin Court Capital LLP bought a new position in iShares MSCI Saudi Arabia ETF during the third quarter valued at approximately $3,852,000.
iShares MSCI Saudi Arabia ETF Price Performance
Shares of NYSEARCA KSA opened at $41.17 on Friday. iShares MSCI Saudi Arabia ETF has a one year low of $39.38 and a one year high of $45.10. The stock has a market capitalization of $634.02 million, a P/E ratio of 19.14 and a beta of 0.58. The firm’s 50 day simple moving average is $41.71 and its two-hundred day simple moving average is $41.77.
About iShares MSCI Saudi Arabia ETF
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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