UBS Group AG raised its holdings in iShares MSCI UAE ETF (NASDAQ:UAE – Free Report) by 457.7% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 152,647 shares of the company’s stock after acquiring an additional 125,275 shares during the quarter. UBS Group AG owned approximately 1.86% of iShares MSCI UAE ETF worth $2,919,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently bought and sold shares of the company. Rhumbline Advisers grew its position in iShares MSCI UAE ETF by 43.5% in the 3rd quarter. Rhumbline Advisers now owns 264,364 shares of the company’s stock valued at $4,994,000 after acquiring an additional 80,160 shares during the last quarter. Mondrian Investment Partners LTD bought a new position in iShares MSCI UAE ETF in the 3rd quarter valued at $12,735,000. Gallacher Capital Management LLC bought a new position in iShares MSCI UAE ETF in the 3rd quarter valued at $797,000. JPMorgan Chase & Co. bought a new position in iShares MSCI UAE ETF in the 3rd quarter valued at $4,539,000. Finally, Moneda S.A. Administradora General de Fondos grew its position in iShares MSCI UAE ETF by 11.9% in the 3rd quarter. Moneda S.A. Administradora General de Fondos now owns 24,494 shares of the company’s stock valued at $482,000 after acquiring an additional 2,611 shares during the last quarter.
iShares MSCI UAE ETF Price Performance
Shares of iShares MSCI UAE ETF stock opened at $18.92 on Tuesday. The stock’s fifty day moving average is $18.92 and its two-hundred day moving average is $19.55. The company has a market capitalization of $278.12 million, a PE ratio of 10.93 and a beta of 0.42. iShares MSCI UAE ETF has a 52 week low of $16.99 and a 52 week high of $22.29.
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.
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