Jane Street Group LLC Reduces Stock Holdings in iShares MSCI Kuwait ETF (BATS:KWT)

Jane Street Group LLC lowered its stake in iShares MSCI Kuwait ETF (BATS:KWT) by 81.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,052 shares of the company’s stock after selling 250,897 shares during the period. Jane Street Group LLC’s holdings in iShares MSCI Kuwait ETF were worth $1,859,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in KWT. City of London Investment Management Co. Ltd. bought a new position in shares of iShares MSCI Kuwait ETF in the 2nd quarter worth approximately $349,000. Flow Traders U.S. LLC bought a new position in iShares MSCI Kuwait ETF in the third quarter worth $455,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in iShares MSCI Kuwait ETF by 0.6% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 67,182 shares of the company’s stock worth $2,095,000 after purchasing an additional 416 shares in the last quarter. Finally, Bank of Montreal Can lifted its position in iShares MSCI Kuwait ETF by 8.8% during the third quarter. Bank of Montreal Can now owns 153,632 shares of the company’s stock valued at $5,011,000 after buying an additional 12,432 shares during the period.

iShares MSCI Kuwait ETF Stock Up 1.5 %

BATS:KWT opened at $32.33 on Thursday. The stock has a fifty day simple moving average of $32.29 and a 200-day simple moving average of $32.18. The stock has a market cap of $75.98 million, a P/E ratio of 18.16 and a beta of 0.43.

About iShares MSCI Kuwait ETF

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.