Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 5.2% during the third quarter, Holdings Channel reports. The firm owned 386,067 shares of the company’s stock after acquiring an additional 19,101 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares MSCI Saudi Arabia ETF were worth $15,667,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Blair William & Co. IL bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the second quarter valued at approximately $37,000. Geneos Wealth Management Inc. bought a new position in shares of iShares MSCI Saudi Arabia ETF during the first quarter worth $41,000. BNP Paribas Financial Markets bought a new position in shares of iShares MSCI Saudi Arabia ETF during the second quarter worth $164,000. IHT Wealth Management LLC purchased a new position in iShares MSCI Saudi Arabia ETF during the second quarter valued at $300,000. Finally, Denali Advisors LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 18.2% in the 2nd quarter. Denali Advisors LLC now owns 11,700 shares of the company’s stock valued at $451,000 after acquiring an additional 1,800 shares during the last quarter.
iShares MSCI Saudi Arabia ETF Stock Up 0.1%
Shares of KSA stock opened at $36.87 on Friday. The company’s fifty day simple moving average is $37.51 and its two-hundred day simple moving average is $38.25. iShares MSCI Saudi Arabia ETF has a 52 week low of $35.81 and a 52 week high of $42.55. The stock has a market cap of $619.42 million, a P/E ratio of 15.67 and a beta of 0.46.
About iShares MSCI Saudi Arabia ETF
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.
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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).
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