Yousif Capital Management LLC Acquires 20,350 Shares of iShares MSCI Saudi Arabia ETF $KSA

Yousif Capital Management LLC grew its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 14.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 158,124 shares of the company’s stock after purchasing an additional 20,350 shares during the period. Yousif Capital Management LLC owned about 0.85% of iShares MSCI Saudi Arabia ETF worth $6,417,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Blair William & Co. IL bought a new position in iShares MSCI Saudi Arabia ETF in the second quarter valued at $37,000. Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Saudi Arabia ETF during the 1st quarter worth about $41,000. BNP Paribas Financial Markets bought a new position in shares of iShares MSCI Saudi Arabia ETF in the 2nd quarter valued at about $164,000. IHT Wealth Management LLC acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the second quarter valued at about $300,000. Finally, Nuveen LLC bought a new stake in iShares MSCI Saudi Arabia ETF during the first quarter worth about $406,000.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of NYSEARCA KSA opened at $36.60 on Thursday. The stock has a 50 day moving average price of $38.50 and a 200 day moving average price of $38.33. The stock has a market capitalization of $678.93 million, a PE ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 52 week low of $35.81 and a 52 week high of $42.55.

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.