27,462 Shares in iShares MSCI UAE ETF (NASDAQ:UAE) Bought by Zacks Investment Management

Zacks Investment Management bought a new stake in iShares MSCI UAE ETF (NASDAQ:UAE) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,462 shares of the company’s stock, valued at approximately $452,000.

Other institutional investors have also bought and sold shares of the company. Bank of Montreal Can acquired a new position in shares of iShares MSCI UAE ETF in the 4th quarter valued at about $244,000. Sanctuary Advisors LLC bought a new position in shares of iShares MSCI UAE ETF during the 4th quarter worth approximately $780,000. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI UAE ETF during the 4th quarter worth approximately $1,804,000. Yousif Capital Management LLC increased its stake in shares of iShares MSCI UAE ETF by 6.4% in the 4th quarter. Yousif Capital Management LLC now owns 123,991 shares of the company’s stock valued at $2,041,000 after acquiring an additional 7,500 shares in the last quarter. Finally, Wellington Management Group LLP lifted its position in shares of iShares MSCI UAE ETF by 94.3% during the 4th quarter. Wellington Management Group LLP now owns 136,210 shares of the company’s stock valued at $2,242,000 after acquiring an additional 66,105 shares during the period.

iShares MSCI UAE ETF Trading Up 0.5 %

NASDAQ:UAE opened at $16.76 on Friday. The firm has a fifty day simple moving average of $16.91 and a two-hundred day simple moving average of $16.25. iShares MSCI UAE ETF has a 12 month low of $13.25 and a 12 month high of $17.69. The stock has a market capitalization of $97.21 million, a price-to-earnings ratio of 9.39 and a beta of 0.45.

iShares MSCI UAE ETF Company Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.