Blue Trust Inc. Increases Stock Holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Blue Trust Inc. raised its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 37.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 14,074 shares of the company’s stock after purchasing an additional 3,849 shares during the quarter. Blue Trust Inc. owned 0.08% of iShares MSCI Saudi Arabia ETF worth $572,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Saudi Arabia ETF during the first quarter valued at $45,000. B. Riley Wealth Advisors Inc. bought a new position in shares of iShares MSCI Saudi Arabia ETF during the 2nd quarter valued at approximately $494,000. Banque Cantonale Vaudoise increased its holdings in iShares MSCI Saudi Arabia ETF by 2.5% in the 2nd quarter. Banque Cantonale Vaudoise now owns 12,654 shares of the company’s stock worth $514,000 after acquiring an additional 310 shares in the last quarter. Sunbelt Securities Inc. bought a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter worth approximately $522,000. Finally, Perigon Wealth Management LLC purchased a new position in iShares MSCI Saudi Arabia ETF during the first quarter valued at approximately $688,000.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of NYSEARCA KSA opened at $42.06 on Tuesday. The stock has a market cap of $786.52 million, a PE ratio of 17.50 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a 1 year low of $36.21 and a 1 year high of $45.10. The firm has a fifty day moving average price of $41.98 and a 200-day moving average price of $41.86.

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.