Sumitomo Mitsui DS Asset Management Company Ltd Grows Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 9.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 328,235 shares of the company’s stock after purchasing an additional 28,997 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd owned 1.76% of iShares MSCI Saudi Arabia ETF worth $13,405,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the business. Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI Saudi Arabia ETF during the 3rd quarter worth approximately $201,000. Caprock Group LLC lifted its position in shares of iShares MSCI Saudi Arabia ETF by 8.5% during the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock worth $238,000 after purchasing an additional 439 shares in the last quarter. Florin Court Capital LLP purchased a new position in shares of iShares MSCI Saudi Arabia ETF in the third quarter valued at $3,852,000. Fisher Asset Management LLC acquired a new stake in iShares MSCI Saudi Arabia ETF during the 3rd quarter valued at $24,096,000. Finally, Custom Index Systems LLC purchased a new stake in iShares MSCI Saudi Arabia ETF during the 4th quarter worth $276,000.

iShares MSCI Saudi Arabia ETF Price Performance

NYSEARCA:KSA opened at $42.07 on Friday. The firm has a 50-day moving average of $41.56 and a two-hundred day moving average of $41.68. The stock has a market cap of $786.71 million, a P/E ratio of 17.50 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a 1-year low of $39.38 and a 1-year high of $45.10.

About iShares MSCI Saudi Arabia ETF

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.