Blair William & Co. IL Makes New $37,000 Investment in iShares MSCI Saudi Arabia ETF $KSA

Blair William & Co. IL bought a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 958 shares of the company’s stock, valued at approximately $37,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Checchi Capital Advisers LLC grew its stake in iShares MSCI Saudi Arabia ETF by 3.2% in the 2nd quarter. Checchi Capital Advisers LLC now owns 133,387 shares of the company’s stock worth $5,141,000 after acquiring an additional 4,146 shares in the last quarter. Vaughan Nelson Investment Management L.P. bought a new position in iShares MSCI Saudi Arabia ETF in the 2nd quarter worth about $637,000. Vanderbilt University lifted its position in shares of iShares MSCI Saudi Arabia ETF by 2.6% in the 2nd quarter. Vanderbilt University now owns 127,533 shares of the company’s stock worth $4,915,000 after purchasing an additional 3,200 shares during the period. Ninety One UK Ltd lifted its position in shares of iShares MSCI Saudi Arabia ETF by 100.6% in the 2nd quarter. Ninety One UK Ltd now owns 613,633 shares of the company’s stock worth $23,649,000 after purchasing an additional 307,719 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd lifted its position in shares of iShares MSCI Saudi Arabia ETF by 4.3% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 366,966 shares of the company’s stock worth $14,143,000 after purchasing an additional 15,129 shares during the period.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of KSA opened at $40.78 on Monday. The company has a 50 day moving average price of $38.60 and a 200-day moving average price of $38.72. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $36.36 and a fifty-two week high of $42.56. The stock has a market capitalization of $756.47 million, a PE ratio of 15.67 and a beta of 0.56.

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.