Y Intercept Hong Kong Ltd purchased a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) during the third quarter, HoldingsChannel reports. The firm purchased 18,948 shares of the company’s stock, valued at approximately $769,000.
Several other large investors also recently modified their holdings of the company. Blue Trust Inc. increased its position in iShares MSCI Saudi Arabia ETF by 2.7% during the second quarter. Blue Trust Inc. now owns 16,554 shares of the company’s stock valued at $638,000 after acquiring an additional 443 shares during the last quarter. Blair William & Co. IL bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the 2nd quarter valued at about $37,000. Fisher Asset Management LLC grew its stake in shares of iShares MSCI Saudi Arabia ETF by 30.0% during the 2nd quarter. Fisher Asset Management LLC now owns 761,031 shares of the company’s stock valued at $29,330,000 after purchasing an additional 175,699 shares during the period. Martin Currie Ltd. increased its position in shares of iShares MSCI Saudi Arabia ETF by 75.7% during the 2nd quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock valued at $53,789,000 after purchasing an additional 601,208 shares during the last quarter. Finally, Prudential Financial Inc. lifted its stake in shares of iShares MSCI Saudi Arabia ETF by 14.6% in the 2nd quarter. Prudential Financial Inc. now owns 125,600 shares of the company’s stock worth $4,841,000 after purchasing an additional 16,000 shares during the period.
iShares MSCI Saudi Arabia ETF Trading Down 0.2%
KSA opened at $39.79 on Tuesday. The company’s 50 day moving average is $37.47 and its 200 day moving average is $38.29. The company has a market cap of $668.47 million, a price-to-earnings ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 12-month low of $35.81 and a 12-month high of $42.55.
iShares MSCI Saudi Arabia ETF Profile
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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