Sparta 24 Ltd. Invests $839,000 in iShares MSCI Thailand ETF $THD

Sparta 24 Ltd. bought a new position in shares of iShares MSCI Thailand ETF (NYSEARCA:THD) in the first quarter, Holdings Channel reports. The institutional investor bought 12,100 shares of the company’s stock, valued at approximately $839,000. iShares MSCI Thailand ETF accounts for approximately 1.0% of Sparta 24 Ltd.’s investment portfolio, making the stock its 10th largest position.

A number of other hedge funds have also made changes to their positions in THD. USA Financial Formulas bought a new position in iShares MSCI Thailand ETF during the 4th quarter valued at about $148,000. AlphaCentric Advisors LLC bought a new stake in iShares MSCI Thailand ETF during the fourth quarter worth about $149,000. Innealta Capital LLC acquired a new stake in shares of iShares MSCI Thailand ETF during the first quarter worth approximately $238,000. Sigma Planning Corp acquired a new stake in shares of iShares MSCI Thailand ETF during the fourth quarter worth approximately $372,000. Finally, Flow Traders U.S. LLC bought a new position in shares of iShares MSCI Thailand ETF in the third quarter valued at approximately $411,000. Institutional investors and hedge funds own 67.20% of the company’s stock.

iShares MSCI Thailand ETF Price Performance

Shares of THD opened at $72.87 on Friday. The company has a market capitalization of $360.71 million, a P/E ratio of 13.16 and a beta of 0.44. iShares MSCI Thailand ETF has a one year low of $55.45 and a one year high of $75.06. The business’s 50 day simple moving average is $72.25 and its 200-day simple moving average is $68.84.

iShares MSCI Thailand ETF Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.