Driehaus Capital Management LLC Reduces Stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Driehaus Capital Management LLC lessened its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 25.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 200,783 shares of the company’s stock after selling 68,270 shares during the period. Driehaus Capital Management LLC owned about 1.07% of iShares MSCI Saudi Arabia ETF worth $8,156,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Banque Cantonale Vaudoise lifted its stake in shares of iShares MSCI Saudi Arabia ETF by 2.5% during the 2nd quarter. Banque Cantonale Vaudoise now owns 12,654 shares of the company’s stock worth $514,000 after purchasing an additional 310 shares during the last quarter. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Saudi Arabia ETF during the first quarter worth about $45,000. Sei Investments Co. grew its holdings in iShares MSCI Saudi Arabia ETF by 4.3% during the second quarter. Sei Investments Co. now owns 37,230 shares of the company’s stock worth $1,512,000 after acquiring an additional 1,528 shares during the period. Blue Trust Inc. grew its holdings in iShares MSCI Saudi Arabia ETF by 17.9% during the second quarter. Blue Trust Inc. now owns 10,225 shares of the company’s stock worth $452,000 after acquiring an additional 1,554 shares during the period. Finally, Vanderbilt University grew its holdings in iShares MSCI Saudi Arabia ETF by 1.5% during the second quarter. Vanderbilt University now owns 121,974 shares of the company’s stock worth $4,955,000 after acquiring an additional 1,827 shares during the period.

iShares MSCI Saudi Arabia ETF Trading Down 0.0 %

Shares of KSA opened at $43.31 on Monday. iShares MSCI Saudi Arabia ETF has a 12 month low of $36.21 and a 12 month high of $45.10. The stock’s 50 day moving average is $41.80 and its two-hundred day moving average is $42.15. The firm has a market cap of $809.90 million, a P/E 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.