Yousif Capital Management LLC Has $6.42 Million Position in iShares MSCI Saudi Arabia ETF $KSA

Yousif Capital Management LLC grew its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 14.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,124 shares of the company’s stock after acquiring an additional 20,350 shares during the period. Yousif Capital Management LLC’s holdings in iShares MSCI Saudi Arabia ETF were worth $6,417,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of KSA. Blue Trust Inc. lifted its stake in iShares MSCI Saudi Arabia ETF by 2.7% in the 2nd quarter. Blue Trust Inc. now owns 16,554 shares of the company’s stock valued at $638,000 after purchasing an additional 443 shares during the last quarter. Blair William & Co. IL acquired a new position in iShares MSCI Saudi Arabia ETF during the second quarter worth approximately $37,000. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Saudi Arabia ETF in the first quarter valued at approximately $41,000. State of Wyoming raised its stake in iShares MSCI Saudi Arabia ETF by 3.8% in the first quarter. State of Wyoming now owns 27,680 shares of the company’s stock valued at $1,145,000 after buying an additional 1,020 shares during the period. Finally, Denali Advisors LLC lifted its position in shares of iShares MSCI Saudi Arabia ETF by 18.2% in the second quarter. Denali Advisors LLC now owns 11,700 shares of the company’s stock valued at $451,000 after buying an additional 1,800 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.4%

Shares of NYSEARCA KSA opened at $36.60 on Thursday. The company has a market capitalization of $678.93 million, a P/E ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 12 month low of $35.81 and a 12 month high of $42.55. The stock has a 50 day moving average of $38.50 and a 200-day moving average of $38.33.

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.