Kovitz Investment Group Partners LLC Reduces Position in iShares MSCI UAE ETF (NASDAQ:UAE)

Kovitz Investment Group Partners LLC lessened its holdings in shares of iShares MSCI UAE ETF (NASDAQ:UAE) by 1.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 75,053 shares of the company’s stock after selling 776 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in iShares MSCI UAE ETF were worth $1,115,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of iShares MSCI UAE ETF by 1.0% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 206,099 shares of the company’s stock worth $3,063,000 after buying an additional 2,089 shares in the last quarter. Yousif Capital Management LLC increased its stake in iShares MSCI UAE ETF by 3.6% in the fourth quarter. Yousif Capital Management LLC now owns 100,947 shares of the company’s stock valued at $1,500,000 after acquiring an additional 3,500 shares during the last quarter. Rock Creek Group LP raised its position in iShares MSCI UAE ETF by 45.6% during the third quarter. Rock Creek Group LP now owns 17,709 shares of the company’s stock valued at $271,000 after purchasing an additional 5,546 shares in the last quarter. Rhumbline Advisers lifted its stake in iShares MSCI UAE ETF by 6.3% during the third quarter. Rhumbline Advisers now owns 208,972 shares of the company’s stock worth $3,195,000 after purchasing an additional 12,360 shares during the last quarter. Finally, Sunbelt Securities Inc. purchased a new position in shares of iShares MSCI UAE ETF in the 3rd quarter worth about $234,000.

iShares MSCI UAE ETF Trading Down 0.9 %

Shares of iShares MSCI UAE ETF stock opened at $14.53 on Friday. The firm has a market capitalization of $39.23 million, a PE ratio of 8.94 and a beta of 0.64. iShares MSCI UAE ETF has a 12 month low of $13.31 and a 12 month high of $15.69. The business’s 50-day moving average price is $14.65 and its 200-day moving average price is $14.68.

iShares MSCI UAE ETF Company Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.