DRW Securities LLC Invests $1.73 Million in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

DRW Securities LLC purchased a new position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 40,468 shares of the company’s stock, valued at approximately $1,728,000. DRW Securities LLC owned approximately 0.22% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Mondrian Investment Partners LTD boosted its position in shares of iShares MSCI Saudi Arabia ETF by 67.0% during the second quarter. Mondrian Investment Partners LTD now owns 595,693 shares of the company’s stock worth $25,079,000 after purchasing an additional 239,021 shares in the last quarter. Jane Street Group LLC raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 12,171.3% during the first quarter. Jane Street Group LLC now owns 583,625 shares of the company’s stock worth $25,773,000 after acquiring an additional 578,869 shares during the period. Fisher Asset Management LLC acquired a new stake in shares of iShares MSCI Saudi Arabia ETF during the third quarter worth $24,096,000. Allspring Global Investments Holdings LLC raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 16.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 544,304 shares of the company’s stock worth $22,110,000 after acquiring an additional 75,908 shares during the period. Finally, MBB Public Markets I LLC raised its holdings in shares of 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 acquiring an additional 478,400 shares during the period.

iShares MSCI Saudi Arabia ETF Stock Down 0.9 %

Shares of NYSEARCA:KSA opened at $41.21 on Tuesday. iShares MSCI Saudi Arabia ETF has a 12 month low of $39.38 and a 12 month high of $45.10. The company’s fifty day simple moving average is $41.90 and its 200 day simple moving average is $41.54. The firm has a market cap of $770.63 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.