iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) Shares Purchased by abrdn plc

abrdn plc raised its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 16.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 57,103 shares of the company’s stock after acquiring an additional 8,133 shares during the quarter. abrdn plc’s holdings in iShares MSCI Saudi Arabia ETF were worth $2,334,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in KSA. Y Intercept Hong Kong Ltd acquired a new stake in shares of iShares MSCI Saudi Arabia ETF during the third quarter worth $201,000. Caprock Group LLC lifted its position in iShares MSCI Saudi Arabia ETF by 8.5% during the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock worth $238,000 after buying an additional 439 shares during the period. Custom Index Systems LLC acquired a new stake in iShares MSCI Saudi Arabia ETF in the 4th quarter worth about $276,000. OneDigital Investment Advisors LLC grew its holdings in iShares MSCI Saudi Arabia ETF by 11.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock valued at $400,000 after buying an additional 970 shares during the period. Finally, Blue Trust Inc. increased its stake in shares of iShares MSCI Saudi Arabia ETF by 37.6% during the 3rd quarter. Blue Trust Inc. now owns 14,074 shares of the company’s stock valued at $572,000 after acquiring an additional 3,849 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Up 0.8 %

Shares of KSA opened at $42.40 on Tuesday. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $39.38 and a fifty-two week high of $45.10. The company’s fifty day moving average is $41.58 and its two-hundred day moving average is $41.67. The firm has a market cap of $792.88 million, a PE ratio of 17.50 and a beta of 0.58.

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.