Bank of Montreal Can Raises Stock Holdings in iShares MSCI Kuwait ETF (BATS:KWT)

Bank of Montreal Can boosted its holdings in iShares MSCI Kuwait ETF (BATS:KWT) by 8.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 153,632 shares of the company’s stock after purchasing an additional 12,432 shares during the period. Bank of Montreal Can owned about 6.54% of iShares MSCI Kuwait ETF worth $5,011,000 at the end of the most recent reporting period.

Separately, City of London Investment Management Co. Ltd. bought a new position in iShares MSCI Kuwait ETF during the 2nd quarter worth approximately $349,000.

iShares MSCI Kuwait ETF Trading Up 0.1 %

BATS:KWT opened at $32.72 on Wednesday. The business’s 50 day moving average price is $32.10 and its 200 day moving average price is $32.27. The company has a market cap of $76.89 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.