Nipun Capital L.P. Makes New Investment in iShares MSCI Saudi Arabia ETF $KSA

Nipun Capital L.P. bought a new position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 412,700 shares of the company’s stock, valued at approximately $14,989,000. iShares MSCI Saudi Arabia ETF makes up about 6.8% of Nipun Capital L.P.’s investment portfolio, making the stock its 5th largest holding. Nipun Capital L.P. owned 2.56% of iShares MSCI Saudi Arabia ETF at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of KSA. Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares MSCI Saudi Arabia ETF during the 1st quarter worth about $255,000. Banque Cantonale Vaudoise boosted its holdings in iShares MSCI Saudi Arabia ETF by 6.8% in the first quarter. Banque Cantonale Vaudoise now owns 7,667 shares of the company’s stock valued at $305,000 after purchasing an additional 485 shares in the last quarter. Empowered Funds LLC acquired a new position in iShares MSCI Saudi Arabia ETF in the first quarter valued at approximately $573,000. Blue Trust Inc. increased its stake in iShares MSCI Saudi Arabia ETF by 65.8% in the first quarter. Blue Trust Inc. now owns 15,315 shares of the company’s stock valued at $609,000 after purchasing an additional 6,080 shares during the last quarter. Finally, SummitTX Capital L.P. increased its stake in iShares MSCI Saudi Arabia ETF by 97.7% in the first 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 during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 1.8%

NYSEARCA:KSA traded down $0.67 during midday trading on Thursday, hitting $36.06. 351,189 shares of the company were exchanged, compared to its average volume of 664,344. The company has a fifty day simple moving average of $37.77 and a 200 day simple moving average of $38.17. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $35.81 and a fifty-two week high of $41.17. The company has a market capitalization of $582.30 million, a PE ratio of 15.67 and a beta of 0.32.

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.