Ninety One UK Ltd Boosts Stock Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Ninety One UK Ltd grew its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 5.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 411,746 shares of the company’s stock after buying an additional 21,558 shares during the period. Ninety One UK Ltd’s holdings in iShares MSCI Saudi Arabia ETF were worth $17,429,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. BlackRock Inc. boosted its position in iShares MSCI Saudi Arabia ETF by 7.2% during the 3rd quarter. BlackRock Inc. now owns 4,927,599 shares of the company’s stock valued at $202,032,000 after purchasing an additional 330,611 shares during the period. Jane Street Group LLC boosted its position 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 valued at $135,878,000 after purchasing an additional 2,153,680 shares during the period. Goldman Sachs Group Inc. boosted its position 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 acquiring an additional 1,679,770 shares during the period. Northern Trust Corp boosted its position 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 acquiring an additional 498,958 shares during the period. Finally, Neuberger Berman Group LLC boosted its position in iShares MSCI Saudi Arabia ETF by 37.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 1,252,142 shares of the company’s stock worth $51,452,000 after acquiring an additional 342,973 shares during the period.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of KSA stock opened at $43.43 on Friday. iShares MSCI Saudi Arabia ETF has a 1 year low of $36.21 and a 1 year high of $45.10. The stock has a fifty day moving average of $44.33 and a two-hundred day moving average of $41.71. The firm has a market capitalization of $812.14 million, a PE 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.