Fisher Asset Management LLC Has $23.90 Million Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Fisher Asset Management LLC raised its stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 585,228 shares of the company’s stock after purchasing an additional 20,925 shares during the period. Fisher Asset Management LLC’s holdings in iShares MSCI Saudi Arabia ETF were worth $23,901,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of KSA. Florin Court Capital LLP acquired a new position in shares of iShares MSCI Saudi Arabia ETF in the third quarter valued at $3,852,000. DRW Securities LLC acquired a new position in shares of iShares MSCI Saudi Arabia ETF in the third quarter valued at $1,728,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 9.7% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 328,235 shares of the company’s stock valued at $13,405,000 after purchasing an additional 28,997 shares during the last quarter. Rhumbline Advisers increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 5.3% in the fourth quarter. Rhumbline Advisers now owns 334,840 shares of the company’s stock valued at $13,675,000 after purchasing an additional 16,833 shares during the last quarter. Finally, Yousif Capital Management LLC increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 11.3% in the fourth quarter. Yousif Capital Management LLC now owns 152,473 shares of the company’s stock valued at $6,227,000 after purchasing an additional 15,500 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

NYSEARCA:KSA opened at $41.07 on Tuesday. iShares MSCI Saudi Arabia ETF has a one year low of $39.38 and a one year high of $45.10. The company has a market cap of $632.48 million, a P/E ratio of 19.14 and a beta of 0.58. The firm’s fifty day moving average price is $41.71 and its two-hundred day moving average price is $41.78.

iShares MSCI Saudi Arabia ETF Company Profile

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.