Teacher Retirement System of Texas Has $20.30 Million Position in iShares MSCI Saudi Arabia ETF $KSA

Teacher Retirement System of Texas reduced its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 67.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 526,675 shares of the company’s stock after selling 1,072,873 shares during the quarter. Teacher Retirement System of Texas’ holdings in iShares MSCI Saudi Arabia ETF were worth $20,298,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Ninety One UK Ltd grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 100.6% during the second 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 last quarter. Wellington Management Group LLP grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 284.9% during the first quarter. Wellington Management Group LLP now owns 206,992 shares of the company’s stock worth $8,563,000 after purchasing an additional 153,215 shares during the last quarter. Causeway Capital Management LLC grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 45.6% during the first quarter. Causeway Capital Management LLC now owns 315,426 shares of the company’s stock worth $13,049,000 after purchasing an additional 98,832 shares during the last quarter. M&T Bank Corp bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the first quarter worth $2,698,000. Finally, Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the first quarter worth $2,459,000.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of KSA stock opened at $40.89 on Wednesday. The stock’s fifty day moving average is $39.03 and its 200-day moving average is $38.80. The stock has a market capitalization of $758.51 million, a PE ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 52 week low of $36.36 and a 52 week high of $42.56.

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.