Brevan Howard Capital Management LP Invests $8.13 Million in iShares MSCI Saudi Arabia ETF $KSA

Brevan Howard Capital Management LP acquired a new stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) during the 3rd quarter, Holdings Channel reports. The fund acquired 200,249 shares of the company’s stock, valued at approximately $8,126,000.

A number of other institutional investors and hedge funds have also bought and sold shares of KSA. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of iShares MSCI Saudi Arabia ETF in the first quarter worth approximately $1,423,000. Geneos Wealth Management Inc. bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the first quarter valued at approximately $41,000. SG Americas Securities LLC raised its holdings in iShares MSCI Saudi Arabia ETF by 462.9% in the 2nd quarter. SG Americas Securities LLC now owns 116,815 shares of the company’s stock worth $4,502,000 after acquiring an additional 96,061 shares during the last quarter. Martin Currie Ltd. raised its holdings in iShares MSCI Saudi Arabia ETF by 75.7% in the 2nd quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock worth $53,789,000 after acquiring an additional 601,208 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in iShares MSCI Saudi Arabia ETF by 14.6% in the 2nd quarter. Prudential Financial Inc. now owns 125,600 shares of the company’s stock valued at $4,841,000 after acquiring an additional 16,000 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.8%

Shares of KSA opened at $37.60 on Friday. The company has a market cap of $631.68 million, a price-to-earnings ratio of 15.67 and a beta of 0.46. The business’s fifty day simple moving average is $38.33 and its two-hundred day simple moving average is $38.40. iShares MSCI Saudi Arabia ETF has a 12 month low of $35.81 and a 12 month high of $41.55.

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.