Mondrian Investment Partners LTD boosted its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 14.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 679,541 shares of the company’s stock after purchasing an additional 84,471 shares during the quarter. Mondrian Investment Partners LTD’s holdings in iShares MSCI Saudi Arabia ETF were worth $28,717,000 as of its most recent SEC filing.
A number of other institutional investors have also recently bought and sold shares of KSA. Wealthfront Advisers LLC bought a new position in iShares MSCI Saudi Arabia ETF in the fourth quarter valued at approximately $51,211,000. Fisher Asset Management LLC bought a new position in iShares MSCI Saudi Arabia ETF in the third quarter valued at approximately $24,096,000. Florin Court Capital LLP bought a new position in iShares MSCI Saudi Arabia ETF in the third quarter valued at approximately $3,852,000. DRW Securities LLC bought a new position in iShares MSCI Saudi Arabia ETF in the third quarter valued at approximately $1,728,000. Finally, 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 buying an additional 28,997 shares in the last quarter.
iShares MSCI Saudi Arabia ETF Stock Performance
Shares of KSA opened at $40.02 on Friday. iShares MSCI Saudi Arabia ETF has a twelve month low of $39.38 and a twelve month high of $45.10. The firm’s 50 day moving average price is $41.62 and its two-hundred day moving average price is $41.68. The firm has a market cap of $616.31 million, a P/E ratio of 18.02 and a beta of 0.56.
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.
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