iShares MSCI Saudi Arabia ETF $KSA Shares Sold by Ninety One UK Ltd

by · The Cerbat Gem

Ninety One UK Ltd trimmed its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 958,724 shares of the company’s stock after selling 125,205 shares during the period. Ninety One UK Ltd owned approximately 5.94% of iShares MSCI Saudi Arabia ETF worth $34,821,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nipun Capital L.P. acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the third quarter worth $14,989,000. Empowered Funds LLC purchased a new position in shares of iShares MSCI Saudi Arabia ETF during the first quarter worth $573,000. Bank of America Corp DE lifted its position in iShares MSCI Saudi Arabia ETF by 36.6% during the first quarter. Bank of America Corp DE now owns 515,183 shares of the company’s stock valued at $20,479,000 after purchasing an additional 138,006 shares during the period. Royal Bank of Canada lifted its position in iShares MSCI Saudi Arabia ETF by 206.0% during the first quarter. Royal Bank of Canada now owns 30,052 shares of the company’s stock valued at $1,195,000 after purchasing an additional 20,231 shares during the period. Finally, SummitTX Capital L.P. lifted its position in iShares MSCI Saudi Arabia ETF by 97.7% during 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 period.

iShares MSCI Saudi Arabia ETF Stock Performance

NYSEARCA:KSA opened at $35.16 on Friday. iShares MSCI Saudi Arabia ETF has a one year low of $35.03 and a one year high of $41.17. The firm has a market cap of $567.83 million, a price-to-earnings ratio of 15.67 and a beta of 0.32. The firm’s fifty day moving average is $37.55 and its two-hundred day moving average is $38.07.

iShares MSCI Saudi Arabia ETF Profile

(Free Report)

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.

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