JPMorgan Chase & Co. Has $10.54 Million Stock Position in iShares MSCI Saudi Arabia ETF $KSA

JPMorgan Chase & Co. boosted its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 4,994.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 259,649 shares of the company’s stock after buying an additional 254,552 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.40% of iShares MSCI Saudi Arabia ETF worth $10,537,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jane Street Group LLC acquired a new position in shares of iShares MSCI Saudi Arabia ETF in the second quarter worth approximately $40,351,000. Martin Currie Ltd. raised its holdings in iShares MSCI Saudi Arabia ETF by 75.7% during the 2nd quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock worth $53,789,000 after purchasing an additional 601,208 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of iShares MSCI Saudi Arabia ETF by 30.0% in the 2nd quarter. Fisher Asset Management LLC now owns 761,031 shares of the company’s stock worth $29,330,000 after purchasing an additional 175,699 shares during the period. Flow Traders U.S. LLC boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 683.9% in the 2nd quarter. Flow Traders U.S. LLC now owns 110,868 shares of the company’s stock valued at $4,273,000 after purchasing an additional 96,724 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in shares of iShares MSCI Saudi Arabia ETF by 462.9% during the second quarter. SG Americas Securities LLC now owns 116,815 shares of the company’s stock worth $4,502,000 after buying an additional 96,061 shares during the period.

iShares MSCI Saudi Arabia ETF Stock Down 0.6%

KSA stock opened at $37.25 on Friday. The firm has a market cap of $625.80 million, a price-to-earnings ratio of 15.67 and a beta of 0.46. The company’s fifty day simple moving average is $38.16 and its 200 day simple moving average is $38.41. iShares MSCI Saudi Arabia ETF has a 12-month low of $35.81 and a 12-month high of $41.55.

About iShares MSCI Saudi Arabia ETF

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.