Ninety One UK Ltd Sells 32,083 Shares of iShares MSCI Saudi Arabia ETF $KSA

Ninety One UK Ltd decreased its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 5.2% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 581,550 shares of the company’s stock after selling 32,083 shares during the quarter. Ninety One UK Ltd’s holdings in iShares MSCI Saudi Arabia ETF were worth $23,599,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Martin Currie Ltd. raised its holdings in iShares MSCI Saudi Arabia ETF by 75.7% during the second quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock valued at $53,789,000 after acquiring an additional 601,208 shares during the period. Jane Street Group LLC purchased a new stake in shares of iShares MSCI Saudi Arabia ETF during the second quarter worth about $40,351,000. Fisher Asset Management LLC raised its position in shares of iShares MSCI Saudi Arabia ETF by 30.0% during the second quarter. Fisher Asset Management LLC now owns 761,031 shares of the company’s stock valued at $29,330,000 after buying an additional 175,699 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in iShares MSCI Saudi Arabia ETF by 4.3% in the 2nd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 366,966 shares of the company’s stock valued at $14,143,000 after acquiring an additional 15,129 shares during the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of iShares MSCI Saudi Arabia ETF by 1.3% in the second quarter. Schroder Investment Management Group now owns 220,976 shares of the company’s stock worth $8,516,000 after buying an additional 2,807 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of KSA opened at $36.41 on Friday. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $35.81 and a fifty-two week high of $42.55. The company’s fifty day moving average is $37.99 and its 200 day moving average is $38.25. The stock has a market capitalization of $675.41 million, a PE ratio of 15.67 and a beta of 0.46.

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.