iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) Shares Bought by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D boosted its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 6.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 131,049 shares of the company’s stock after purchasing an additional 7,476 shares during the period. State of New Jersey Common Pension Fund D owned approximately 0.70% of iShares MSCI Saudi Arabia ETF worth $5,596,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of KSA. Blue Trust Inc. boosted its holdings in iShares MSCI Saudi Arabia ETF by 37.6% during the third quarter. Blue Trust Inc. now owns 14,074 shares of the company’s stock worth $572,000 after buying an additional 3,849 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in shares of iShares MSCI Saudi Arabia ETF by 6.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 299,238 shares of the company’s stock valued at $12,777,000 after purchasing an additional 17,887 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in iShares MSCI Saudi Arabia ETF in the 2nd quarter worth about $494,000. MBB Public Markets I LLC boosted its position in iShares MSCI Saudi Arabia ETF by 2,278.1% during the second quarter. MBB Public Markets I LLC now owns 499,400 shares of the company’s stock worth $20,286,000 after purchasing an additional 478,400 shares in the last quarter. Finally, Marshall Wace LLP acquired a new stake in iShares MSCI Saudi Arabia ETF in the second quarter valued at approximately $5,056,000.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of KSA stock opened at $42.18 on Tuesday. The stock has a 50 day simple moving average of $41.96 and a 200-day simple moving average of $41.67. iShares MSCI Saudi Arabia ETF has a 1-year low of $38.35 and a 1-year high of $45.10. The company has a market cap of $788.77 million, a price-to-earnings ratio of 17.50 and a beta of 0.58.

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.