State of Wyoming acquired a new position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 22,450 shares of the company’s stock, valued at approximately $815,000. State of Wyoming owned 0.14% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.
Several other hedge funds also recently modified their holdings of the stock. Bank of America Corp DE lifted its stake in shares of iShares MSCI Saudi Arabia ETF by 36.6% in the first quarter. Bank of America Corp DE now owns 515,183 shares of the company’s stock valued at $20,479,000 after buying an additional 138,006 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the 3rd quarter worth about $15,916,000. Nipun Capital L.P. acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the 3rd quarter worth about $14,989,000. Fifth Third Bancorp acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the 1st quarter worth about $5,080,000. Finally, Yousif Capital Management LLC lifted its position in iShares MSCI Saudi Arabia ETF by 0.9% in the 3rd quarter. Yousif Capital Management LLC now owns 125,657 shares of the company’s stock valued at $4,564,000 after acquiring an additional 1,130 shares in the last quarter.
iShares MSCI Saudi Arabia ETF Trading Down 0.7%
Shares of NYSEARCA:KSA opened at $34.22 on Friday. The stock has a market cap of $552.65 million, a PE ratio of 15.67 and a beta of 0.32. The stock’s fifty day simple moving average is $36.77 and its two-hundred day simple moving average is $37.95. iShares MSCI Saudi Arabia ETF has a 1-year low of $33.60 and a 1-year high of $40.83.
iShares MSCI Saudi Arabia ETF Company 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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