Checchi Capital Advisers LLC Has $5.07 Million Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Checchi Capital Advisers LLC cut its stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,185 shares of the company’s stock after selling 3,375 shares during the quarter. Checchi Capital Advisers LLC’s holdings in iShares MSCI Saudi Arabia ETF were worth $5,072,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Fisher Asset Management LLC acquired a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter worth about $24,096,000. Rhumbline Advisers increased its holdings in iShares MSCI Saudi Arabia ETF by 5.3% in the fourth quarter. Rhumbline Advisers now owns 334,840 shares of the company’s stock worth $13,675,000 after buying an additional 16,833 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in iShares MSCI Saudi Arabia ETF by 9.7% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 328,235 shares of the company’s stock valued at $13,405,000 after acquiring an additional 28,997 shares during the last quarter. Yousif Capital Management LLC grew its position in iShares MSCI Saudi Arabia ETF by 11.3% in the fourth quarter. Yousif Capital Management LLC now owns 152,473 shares of the company’s stock worth $6,227,000 after acquiring an additional 15,500 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D increased its stake in shares of iShares MSCI Saudi Arabia ETF by 6.0% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 131,049 shares of the company’s stock worth $5,596,000 after purchasing an additional 7,476 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.0 %

Shares of NYSEARCA:KSA opened at $41.95 on Wednesday. iShares MSCI Saudi Arabia ETF has a 1 year low of $39.38 and a 1 year high of $45.10. The firm has a fifty day moving average price of $41.68 and a 200 day moving average price of $41.77. The stock has a market capitalization of $646.03 million, a PE ratio of 19.14 and a beta of 0.58.

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.