Mondrian Investment Partners LTD Buys 84,471 Shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Mondrian Investment Partners LTD boosted its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 14.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 679,541 shares of the company’s stock after acquiring an additional 84,471 shares during the quarter. Mondrian Investment Partners LTD owned approximately 3.63% of iShares MSCI Saudi Arabia ETF worth $28,717,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Denali Advisors LLC grew its position in shares of iShares MSCI Saudi Arabia ETF by 3.4% during the 4th quarter. Denali Advisors LLC now owns 9,000 shares of the company’s stock worth $368,000 after buying an additional 300 shares during the period. Caprock Group LLC grew its position in shares of iShares MSCI Saudi Arabia ETF by 8.5% during the 3rd quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock worth $238,000 after buying an additional 439 shares during the period. Blue Trust Inc. grew its position in shares of iShares MSCI Saudi Arabia ETF by 4.7% during the 4th quarter. Blue Trust Inc. now owns 14,734 shares of the company’s stock worth $629,000 after buying an additional 660 shares during the period. OneDigital Investment Advisors LLC grew its position in shares of iShares MSCI Saudi Arabia ETF by 11.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $400,000 after buying an additional 970 shares during the period. Finally, Vanderbilt University grew its position in shares of iShares MSCI Saudi Arabia ETF by 1.2% during the 4th quarter. Vanderbilt University now owns 123,393 shares of the company’s stock worth $5,039,000 after buying an additional 1,419 shares during the period.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of NYSEARCA:KSA opened at $40.02 on Friday. iShares MSCI Saudi Arabia ETF has a one year low of $39.38 and a one year high of $45.10. The company has a 50 day moving average of $41.62 and a 200-day moving average of $41.68. The stock has a market cap of $616.31 million, a price-to-earnings ratio of 18.02 and a beta of 0.56.

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.