Citadel Advisors LLC bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor bought 64,165 shares of the company’s stock, valued at approximately $2,339,000.
Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. lifted its stake in shares of iShares MSCI Kuwait ETF by 25.8% in the second quarter. JPMorgan Chase & Co. now owns 4,031 shares of the company’s stock valued at $153,000 after purchasing an additional 826 shares during the period. Compass Financial Management LLC acquired a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter worth approximately $53,000. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of iShares MSCI Kuwait ETF by 21.3% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 9,123 shares of the company’s stock worth $330,000 after acquiring an additional 1,600 shares during the period. Robbins Farley acquired a new position in iShares MSCI Kuwait ETF during the second quarter worth $99,000. Finally, California State Teachers Retirement System boosted its position in iShares MSCI Kuwait ETF by 1,723.0% during the second quarter. California State Teachers Retirement System now owns 3,646 shares of the company’s stock worth $133,000 after purchasing an additional 3,446 shares in the last quarter.
iShares MSCI Kuwait ETF Stock Up 0.2%
Shares of KWT stock opened at $37.72 on Wednesday. The stock has a market cap of $88.64 million, a P/E ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a fifty-two week low of $35.54 and a fifty-two week high of $41.08. The business has a fifty day simple moving average of $36.90 and a 200-day simple moving average of $37.20.
iShares MSCI Kuwait ETF Profile
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.
Featured Articles
- Five stocks we like better than iShares MSCI Kuwait ETF
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding KWT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Kuwait ETF (BATS:KWT – Free Report).
Receive News & Ratings for iShares MSCI Kuwait ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Kuwait ETF and related companies with MarketBeat.com's FREE daily email newsletter.
