iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) Shares Sold by Ninety One North America Inc.

Ninety One North America Inc. decreased its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 28.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 86,244 shares of the company’s stock after selling 34,534 shares during the quarter. Ninety One North America Inc.’s holdings in iShares MSCI Saudi Arabia ETF were worth $3,651,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of KSA. Jane Street Group LLC increased its stake in iShares MSCI Saudi Arabia ETF by 303.6% during the 1st quarter. Jane Street Group LLC now owns 2,863,000 shares of the company’s stock worth $135,878,000 after buying an additional 2,153,680 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in iShares MSCI Saudi Arabia ETF by 996.1% during the 2nd quarter. Goldman Sachs Group Inc. now owns 1,848,413 shares of the company’s stock worth $76,506,000 after buying an additional 1,679,770 shares in the last quarter. City of London Investment Management Co. Ltd. purchased a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter worth approximately $35,230,000. Northern Trust Corp increased its stake in iShares MSCI Saudi Arabia ETF by 42.7% during the 3rd quarter. Northern Trust Corp now owns 1,668,800 shares of the company’s stock worth $64,649,000 after buying an additional 498,958 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in iShares MSCI Saudi Arabia ETF by 111.7% during the 4th quarter. Bank of America Corp DE now owns 743,166 shares of the company’s stock worth $28,032,000 after buying an additional 392,132 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Trading Up 0.7 %

NYSEARCA:KSA traded up $0.32 during trading hours on Thursday, hitting $43.42. 159,289 shares of the stock were exchanged, compared to its average volume of 565,700. iShares MSCI Saudi Arabia ETF has a 52-week low of $36.21 and a 52-week high of $45.10. The firm’s fifty day moving average price is $44.32 and its 200 day moving average price is $41.70. The company has a market cap of $811.95 million, a P/E ratio of 18.42 and a beta of 0.56.

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.