Sparta 24 Ltd. Invests $839,000 in iShares MSCI Thailand ETF $THD

Sparta 24 Ltd. bought a new stake in shares of iShares MSCI Thailand ETF (NYSEARCA:THD) during the 1st quarter, according to its most recent filing with the SEC. The fund bought 12,100 shares of the company’s stock, valued at approximately $839,000. iShares MSCI Thailand ETF makes up 1.0% of Sparta 24 Ltd.’s portfolio, making the stock its 10th largest position. Sparta 24 Ltd. owned about 0.32% of iShares MSCI Thailand ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Sun Life Financial Inc. raised its position in iShares MSCI Thailand ETF by 0.6% in the fourth quarter. Sun Life Financial Inc. now owns 217,775 shares of the company’s stock worth $12,995,000 after purchasing an additional 1,246 shares in the last quarter. Ameriprise Financial Inc. acquired a new stake in iShares MSCI Thailand ETF during the second quarter valued at approximately $6,136,000. Millburn Ridgefield LLC DE grew its stake in shares of iShares MSCI Thailand ETF by 6.2% in the 1st quarter. Millburn Ridgefield LLC DE now owns 74,927 shares of the company’s stock valued at $5,198,000 after purchasing an additional 4,405 shares during the period. Catalyst Capital Advisors LLC grew its stake in shares of iShares MSCI Thailand ETF by 6.2% in the 1st quarter. Catalyst Capital Advisors LLC now owns 74,927 shares of the company’s stock valued at $5,198,000 after purchasing an additional 4,405 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in shares of iShares MSCI Thailand ETF by 8.5% in the 1st quarter. Bank of New York Mellon Corp now owns 40,807 shares of the company’s stock valued at $2,831,000 after purchasing an additional 3,214 shares during the period. Institutional investors own 67.20% of the company’s stock.

iShares MSCI Thailand ETF Trading Down 0.1%

Shares of THD opened at $72.87 on Friday. The stock has a market cap of $360.71 million, a PE ratio of 13.16 and a beta of 0.44. iShares MSCI Thailand ETF has a 1 year low of $55.45 and a 1 year high of $75.06. The stock has a 50 day simple moving average of $72.25 and a 200-day simple moving average of $68.84.

iShares MSCI Thailand ETF Profile

The iShares MSCI Thailand ETF (THD) is an exchange-traded fund that is based on the MSCI Thailand IMI 25-50 index, a market-cap-weighted index of the Thai equity market. THD was launched on Mar 26, 2008 and is managed by BlackRock.