16,785 Shares in iShares MSCI Kuwait ETF $KWT Bought by United Community Bank

United Community Bank purchased a new stake in iShares MSCI Kuwait ETF (BATS:KWT) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,785 shares of the company’s stock, valued at approximately $612,000.

Several other institutional investors and hedge funds have also bought and sold shares of KWT. Denver PWM LLC bought a new stake in iShares MSCI Kuwait ETF during the second quarter worth $76,999,000. Midwest Professional Planners LTD. acquired a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at $22,836,000. Waycross Investment Management Co bought a new position in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at $16,158,000. Jane Street Group LLC bought a new position in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at $10,561,000. Finally, KFG Wealth Management LLC acquired a new position in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth $6,868,000.

iShares MSCI Kuwait ETF Stock Performance

iShares MSCI Kuwait ETF stock opened at $37.58 on Friday. iShares MSCI Kuwait ETF has a 52 week low of $35.54 and a 52 week high of $41.08. The stock has a market capitalization of $88.31 million, a P/E ratio of 17.65 and a beta of 0.45. The stock has a fifty day moving average of $36.82 and a 200-day moving average of $37.19.

About iShares MSCI Kuwait ETF

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.