Moneda S.A. Administradora General de Fondos Acquires Shares of 15,492 iShares MSCI UAE ETF (NASDAQ:UAE)

Moneda S.A. Administradora General de Fondos acquired a new stake in iShares MSCI UAE ETF (NASDAQ:UAE) during the first quarter, HoldingsChannel reports. The fund acquired 15,492 shares of the company’s stock, valued at approximately $229,000. iShares MSCI UAE ETF makes up approximately 0.1% of Moneda S.A. Administradora General de Fondos’ investment portfolio, making the stock its 25th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. acquired a new stake in shares of iShares MSCI UAE ETF during the 3rd quarter worth $234,000. Comerica Bank grew its holdings in shares of iShares MSCI UAE ETF by 3.5% during the 4th quarter. Comerica Bank now owns 100,947 shares of the company’s stock worth $1,500,000 after purchasing an additional 3,445 shares in the last quarter. Yousif Capital Management LLC grew its holdings in shares of iShares MSCI UAE ETF by 3.6% during the 4th quarter. Yousif Capital Management LLC now owns 100,947 shares of the company’s stock worth $1,500,000 after purchasing an additional 3,500 shares in the last quarter. Glovista Investments LLC grew its holdings in shares of iShares MSCI UAE ETF by 49.2% during the 3rd quarter. Glovista Investments LLC now owns 194,040 shares of the company’s stock worth $2,997,000 after purchasing an additional 63,980 shares in the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in shares of iShares MSCI UAE ETF by 1.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 206,099 shares of the company’s stock worth $3,063,000 after purchasing an additional 2,089 shares in the last quarter.

iShares MSCI UAE ETF Price Performance

NASDAQ:UAE traded up $0.12 during trading hours on Friday, hitting $14.04. The company’s stock had a trading volume of 11,993 shares, compared to its average volume of 22,853. The stock has a fifty day simple moving average of $13.90 and a 200-day simple moving average of $14.46. The company has a market capitalization of $33.70 million, a P/E ratio of 8.94 and a beta of 0.64. iShares MSCI UAE ETF has a twelve month low of $13.24 and a twelve month high of $15.69.

iShares MSCI UAE ETF Dividend Announcement

The firm also recently disclosed a Semi-Annual dividend, which was paid on Monday, June 17th. Investors of record on Tuesday, June 11th were paid a $0.5276 dividend. The ex-dividend date was Tuesday, June 11th.

iShares MSCI UAE ETF Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.