Sava Infond d.o.o. Invests $1.27 Million in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Sava Infond d.o.o. acquired a new stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 31,000 shares of the company’s stock, valued at approximately $1,266,000. Sava Infond d.o.o. owned about 0.17% of iShares MSCI Saudi Arabia ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the company. Prudential Financial Inc. grew its stake in shares of iShares MSCI Saudi Arabia ETF by 8.8% during the 4th quarter. Prudential Financial Inc. now owns 107,100 shares of the company’s stock valued at $4,374,000 after purchasing an additional 8,700 shares during the period. LPL Financial LLC boosted its holdings in shares of iShares MSCI Saudi Arabia ETF by 19.9% in the fourth quarter. LPL Financial LLC now owns 25,064 shares of the company’s stock worth $1,024,000 after buying an additional 4,160 shares during the last quarter. Gallacher Capital Management LLC grew its position in iShares MSCI Saudi Arabia ETF by 2.0% during the fourth quarter. Gallacher Capital Management LLC now owns 14,727 shares of the company’s stock valued at $601,000 after buying an additional 289 shares during the period. Mondrian Investment Partners LTD increased its holdings in iShares MSCI Saudi Arabia ETF by 14.2% during the fourth quarter. Mondrian Investment Partners LTD now owns 679,541 shares of the company’s stock valued at $28,717,000 after buying an additional 84,471 shares during the last quarter. Finally, Wealthfront Advisers LLC bought a new position in iShares MSCI Saudi Arabia ETF in the fourth quarter worth approximately $51,211,000.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of iShares MSCI Saudi Arabia ETF stock opened at $40.87 on Thursday. The stock has a market capitalization of $676.40 million, a PE ratio of 17.99 and a beta of 0.56. iShares MSCI Saudi Arabia ETF has a 1-year low of $39.38 and a 1-year high of $45.10. The company’s fifty day simple moving average is $41.50 and its 200-day simple moving average is $41.57.

iShares MSCI Saudi Arabia ETF Company 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.