Axiom Investors LLC DE Has $1.42 Million Holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Axiom Investors LLC DE increased its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 13.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 34,800 shares of the company’s stock after purchasing an additional 4,000 shares during the quarter. Axiom Investors LLC DE owned approximately 0.19% of iShares MSCI Saudi Arabia ETF worth $1,421,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wealthfront Advisers LLC acquired a new position in shares of iShares MSCI Saudi Arabia ETF during the 4th quarter worth approximately $51,211,000. Martin Currie Ltd. grew its stake in shares of iShares MSCI Saudi Arabia ETF by 5.7% in the fourth quarter. Martin Currie Ltd. now owns 742,559 shares of the company’s stock valued at $30,326,000 after buying an additional 39,827 shares in the last quarter. Mondrian Investment Partners LTD increased its holdings in iShares MSCI Saudi Arabia ETF by 14.2% during the fourth quarter. Mondrian Investment Partners LTD now owns 679,541 shares of the company’s stock worth $28,717,000 after buying an additional 84,471 shares during the last quarter. Fisher Asset Management LLC raised its position in iShares MSCI Saudi Arabia ETF by 3.7% during the fourth quarter. Fisher Asset Management LLC now owns 585,228 shares of the company’s stock worth $23,901,000 after acquiring an additional 20,925 shares in the last quarter. Finally, Rhumbline Advisers lifted its stake in iShares MSCI Saudi Arabia ETF by 5.3% in the fourth quarter. Rhumbline Advisers now owns 334,840 shares of the company’s stock valued at $13,675,000 after acquiring an additional 16,833 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

iShares MSCI Saudi Arabia ETF stock opened at $41.37 on Tuesday. The company’s 50-day moving average is $41.47 and its 200-day moving average is $41.56. The firm has a market capitalization of $684.67 million, a PE ratio of 17.99 and a beta of 0.56. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $39.38 and a fifty-two week high of $45.10.

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.