101,832 Shares in iShares MSCI Kuwait ETF $KWT Acquired by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of iShares MSCI Kuwait ETF (BATS:KWT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 101,832 shares of the company’s stock, valued at approximately $3,735,000. Sumitomo Mitsui DS Asset Management Company Ltd owned approximately 4.33% of iShares MSCI Kuwait ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in KWT. Compass Financial Management LLC purchased a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth approximately $53,000. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of iShares MSCI Kuwait ETF by 21.3% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,123 shares of the company’s stock valued at $330,000 after acquiring an additional 1,600 shares during the last quarter. Robbins Farley purchased a new position in shares of iShares MSCI Kuwait ETF in the second quarter valued at $99,000. Militia Capital Management LLC purchased a new position in shares of iShares MSCI Kuwait ETF in the first quarter valued at $282,000. Finally, First PREMIER Bank purchased a new position in shares of iShares MSCI Kuwait ETF in the second quarter valued at $299,000.

iShares MSCI Kuwait ETF Stock Performance

Shares of KWT opened at $34.57 on Friday. The company’s fifty day moving average is $36.79 and its 200 day moving average is $37.19. iShares MSCI Kuwait ETF has a fifty-two week low of $34.56 and a fifty-two week high of $41.08. The stock has a market capitalization of $81.24 million, a PE ratio of 17.65 and a beta of 0.45.

About iShares MSCI Kuwait ETF

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.