364,158 Shares in iShares MSCI Kuwait ETF $KWT Bought by IFP Advisors Inc

IFP Advisors Inc bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT) during the 2nd quarter, HoldingsChannel reports. The firm bought 364,158 shares of the company’s stock, valued at approximately $13,277,000. IFP Advisors Inc owned approximately 0.15% of iShares MSCI Kuwait ETF at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Baird Financial Group Inc. acquired a new stake in iShares MSCI Kuwait ETF during the 2nd quarter worth about $41,315,000. XY Planning Network Inc. acquired a new position in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at about $1,016,000. Mraz Amerine & Associates Inc. bought a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter valued at about $916,000. Allworth Financial LP bought a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter valued at about $12,195,000. Finally, Parkside Financial Bank & Trust acquired a new stake in iShares MSCI Kuwait ETF during the second quarter worth approximately $7,969,000.

iShares MSCI Kuwait ETF Price Performance

BATS KWT opened at $37.72 on Wednesday. The stock has a market capitalization of $88.64 million, a P/E ratio of 17.65 and a beta of 0.45. The business has a 50 day simple moving average of $36.90 and a 200 day simple moving average of $37.20. iShares MSCI Kuwait ETF has a one year low of $35.54 and a one year high of $41.08.

iShares MSCI Kuwait ETF Company Profile

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.