Cherry Tree Wealth Management LLC Makes New $858,000 Investment in iShares MSCI Kuwait ETF $KWT

Cherry Tree Wealth Management LLC purchased a new stake in iShares MSCI Kuwait ETF (BATS:KWT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 23,544 shares of the company’s stock, valued at approximately $858,000.

Other large investors have also modified their holdings of the company. Compass Financial Management LLC purchased a new position in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth approximately $53,000. Robbins Farley purchased a new stake in iShares MSCI Kuwait ETF in the 2nd quarter valued at approximately $99,000. Militia Capital Management LLC purchased a new stake in iShares MSCI Kuwait ETF in the 1st quarter valued at approximately $282,000. First PREMIER Bank acquired a new stake in iShares MSCI Kuwait ETF during the 2nd quarter valued at $299,000. Finally, NBH Bank acquired a new stake in iShares MSCI Kuwait ETF during the 2nd quarter valued at $302,000.

iShares MSCI Kuwait ETF Price Performance

iShares MSCI Kuwait ETF stock traded down $0.27 during mid-day trading on Tuesday, hitting $37.48. 1,894 shares of the company were exchanged, compared to its average volume of 7,671. iShares MSCI Kuwait ETF has a 12-month low of $35.54 and a 12-month high of $41.08. The company has a market capitalization of $88.07 million, a P/E ratio of 17.65 and a beta of 0.45. The business’s 50 day simple moving average is $37.00 and its two-hundred day simple moving average is $37.22.

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.