Mondrian Investment Partners LTD Makes New Investment in iShares MSCI UAE ETF $UAE

Mondrian Investment Partners LTD acquired a new position in shares of iShares MSCI UAE ETF (NASDAQ:UAE) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 674,192 shares of the company’s stock, valued at approximately $12,735,000. Mondrian Investment Partners LTD owned about 9.17% of iShares MSCI UAE ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC boosted its position in iShares MSCI UAE ETF by 68.0% during the second quarter. Jane Street Group LLC now owns 670,818 shares of the company’s stock valued at $12,558,000 after purchasing an additional 271,523 shares during the last quarter. Moran Wealth Management LLC raised its stake in shares of iShares MSCI UAE ETF by 2.1% during the 3rd quarter. Moran Wealth Management LLC now owns 486,301 shares of the company’s stock worth $9,186,000 after purchasing an additional 10,056 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of iShares MSCI UAE ETF by 8.1% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 361,591 shares of the company’s stock valued at $6,830,000 after buying an additional 27,179 shares during the last quarter. Ninety One North America Inc. bought a new position in shares of iShares MSCI UAE ETF in the third quarter valued at $5,093,000. Finally, Rhumbline Advisers grew its stake in shares of iShares MSCI UAE ETF by 43.5% in the third quarter. Rhumbline Advisers now owns 264,364 shares of the company’s stock valued at $4,994,000 after buying an additional 80,160 shares in the last quarter.

iShares MSCI UAE ETF Trading Up 0.2%

NASDAQ UAE opened at $21.94 on Tuesday. The firm has a market capitalization of $179.91 million, a P/E ratio of 10.93 and a beta of 0.41. The firm’s fifty day moving average price is $20.11 and its two-hundred day moving average price is $19.63. iShares MSCI UAE ETF has a 1 year low of $15.40 and a 1 year high of $22.25.

iShares MSCI UAE ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were issued a $0.1883 dividend. This represents a dividend yield of 196.0%. The ex-dividend date of this dividend was Tuesday, December 16th.

iShares MSCI UAE ETF Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.