Sava Infond d.o.o. Purchases Shares of 31,000 iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Sava Infond d.o.o. acquired a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 31,000 shares of the company’s stock, valued at approximately $1,266,000.

Several other institutional investors and hedge funds have also recently modified their holdings of KSA. Fisher Asset Management LLC bought a new stake in iShares MSCI Saudi Arabia ETF during the 3rd quarter valued at approximately $24,096,000. Y Intercept Hong Kong Ltd bought a new stake in shares of iShares MSCI Saudi Arabia ETF during the third quarter valued at approximately $201,000. Blue Trust Inc. raised its position in shares of iShares MSCI Saudi Arabia ETF by 4.7% during the fourth quarter. Blue Trust Inc. now owns 14,734 shares of the company’s stock valued at $629,000 after buying an additional 660 shares during the last quarter. Custom Index Systems LLC purchased a new position in shares of iShares MSCI Saudi Arabia ETF in the fourth quarter worth $276,000. Finally, abrdn plc boosted its position in shares of iShares MSCI Saudi Arabia ETF by 16.6% during the fourth quarter. abrdn plc now owns 57,103 shares of the company’s stock worth $2,334,000 after acquiring an additional 8,133 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Performance

KSA opened at $40.87 on Thursday. The stock has a market capitalization of $676.40 million, a price-to-earnings ratio of 17.99 and a beta of 0.56. The company has a fifty day moving average of $41.50 and a 200 day moving average of $41.57. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $39.38 and a fifty-two week high of $45.10.

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.