Martin Currie Ltd. Increases Stock Holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Martin Currie Ltd. boosted its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 5.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 742,559 shares of the company’s stock after purchasing an additional 39,827 shares during the period. iShares MSCI Saudi Arabia ETF makes up 1.1% of Martin Currie Ltd.’s holdings, making the stock its 27th biggest holding. Martin Currie Ltd. owned 3.97% of iShares MSCI Saudi Arabia ETF worth $30,326,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wealthfront Advisers LLC purchased a new position in shares of iShares MSCI Saudi Arabia ETF during the fourth quarter worth $51,211,000. Mondrian Investment Partners LTD boosted its holdings in iShares MSCI Saudi Arabia ETF by 14.2% during the 4th quarter. Mondrian Investment Partners LTD now owns 679,541 shares of the company’s stock valued at $28,717,000 after acquiring an additional 84,471 shares during the period. Sava Infond d.o.o. acquired a new position in iShares MSCI Saudi Arabia ETF in the 4th quarter valued at about $1,266,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in iShares MSCI Saudi Arabia ETF by 9.7% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 328,235 shares of the company’s stock worth $13,405,000 after purchasing an additional 28,997 shares during the period. Finally, Fisher Asset Management LLC boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 3.7% in the fourth quarter. Fisher Asset Management LLC now owns 585,228 shares of the company’s stock valued at $23,901,000 after purchasing an additional 20,925 shares during the period.

iShares MSCI Saudi Arabia ETF Trading Down 0.8 %

iShares MSCI Saudi Arabia ETF stock opened at $41.07 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 has a market capitalization of $679.71 million, a P/E ratio of 17.99 and a beta of 0.56. The stock’s fifty day simple moving average is $41.48 and its 200-day simple moving average is $41.56.

iShares MSCI Saudi Arabia ETF 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.