Ninety One UK Ltd reduced its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 11.6% in the 3rd quarter, Holdings Channel reports. The fund owned 958,724 shares of the company’s stock after selling 125,205 shares during the period. Ninety One UK Ltd owned approximately 0.06% of iShares MSCI Saudi Arabia ETF worth $34,821,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd purchased a new stake in iShares MSCI Saudi Arabia ETF in the 1st quarter worth approximately $255,000. Banque Cantonale Vaudoise grew its stake in shares of iShares MSCI Saudi Arabia ETF by 6.8% during the 1st quarter. Banque Cantonale Vaudoise now owns 7,667 shares of the company’s stock worth $305,000 after purchasing an additional 485 shares during the period. Empowered Funds LLC acquired a new stake in shares of iShares MSCI Saudi Arabia ETF during the 1st quarter worth approximately $573,000. Blue Trust Inc. grew its stake in shares of iShares MSCI Saudi Arabia ETF by 65.8% during the 1st quarter. Blue Trust Inc. now owns 15,315 shares of the company’s stock worth $609,000 after purchasing an additional 6,080 shares during the period. Finally, SummitTX Capital L.P. increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 97.7% during the 1st quarter. SummitTX Capital L.P. now owns 25,700 shares of the company’s stock valued at $1,022,000 after purchasing an additional 12,700 shares in the last quarter.
iShares MSCI Saudi Arabia ETF Price Performance
NYSEARCA:KSA opened at $35.16 on Friday. The firm has a market cap of $567.83 million, a price-to-earnings ratio of 15.67 and a beta of 0.32. The company has a 50 day moving average price of $37.55 and a 200-day moving average price of $38.07. iShares MSCI Saudi Arabia ETF has a 1-year low of $35.03 and a 1-year high of $41.17.
iShares MSCI Saudi Arabia ETF Profile
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.
Read More
- Five stocks we like better than iShares MSCI Saudi Arabia ETF
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
Want to see what other hedge funds are holding KSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report).
Receive News & Ratings for iShares MSCI Saudi Arabia ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Saudi Arabia ETF and related companies with MarketBeat.com's FREE daily email newsletter.
