Highland Financial Advisors LLC Purchases New Shares in iShares MSCI Kuwait ETF $KWT

Highland Financial Advisors LLC purchased a new position in shares of iShares MSCI Kuwait ETF (BATS:KWT) during the second quarter, HoldingsChannel reports. The fund purchased 34,155 shares of the company’s stock, valued at approximately $1,245,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Compass Financial Management LLC bought a new stake in iShares MSCI Kuwait ETF in the 2nd quarter valued at about $53,000. Robbins Farley bought a new position in shares of iShares MSCI Kuwait ETF during the second quarter worth approximately $99,000. JPMorgan Chase & Co. raised its position in shares of iShares MSCI Kuwait ETF by 25.8% in the second quarter. JPMorgan Chase & Co. now owns 4,031 shares of the company’s stock valued at $153,000 after buying an additional 826 shares in the last quarter. Militia Capital Management LLC acquired a new stake in shares of iShares MSCI Kuwait ETF in the first quarter valued at approximately $282,000. Finally, First PREMIER Bank bought a new stake in shares of iShares MSCI Kuwait ETF in the second quarter valued at approximately $299,000.

iShares MSCI Kuwait ETF Price Performance

Shares of BATS:KWT opened at $37.65 on Friday. The company has a market capitalization of $88.48 million, a P/E ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a 1 year low of $35.54 and a 1 year high of $41.08. The business’s 50 day simple moving average is $36.85 and its 200 day simple moving average is $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.