Schuylkill Financial LLC Takes $1.25 Million Position in iShares MSCI Kuwait ETF $KWT

Schuylkill Financial LLC bought a new position in shares of iShares MSCI Kuwait ETF (BATS:KWT) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 34,139 shares of the company’s stock, valued at approximately $1,245,000. iShares MSCI Kuwait ETF makes up about 1.1% of Schuylkill Financial LLC’s investment portfolio, making the stock its 21st biggest position. Schuylkill Financial LLC owned 1.45% of iShares MSCI Kuwait ETF at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Compass Financial Management LLC acquired a new stake in iShares MSCI Kuwait ETF in the 2nd quarter valued at about $53,000. NBH Bank acquired a new position in shares of iShares MSCI Kuwait ETF during the second quarter worth about $302,000. Old Mission Investment Co LLC acquired a new position in shares of iShares MSCI Kuwait ETF during the second quarter worth about $976,000. Jim Saulnier & Associates LLC purchased a new stake in shares of iShares MSCI Kuwait ETF during the second quarter worth approximately $7,966,000. Finally, United Community Bank purchased a new stake in shares of iShares MSCI Kuwait ETF during the second quarter worth approximately $612,000.

iShares MSCI Kuwait ETF Stock Up 0.2%

Shares of BATS:KWT opened at $37.65 on Friday. iShares MSCI Kuwait ETF has a fifty-two week low of $35.54 and a fifty-two week high of $41.08. The firm’s 50 day moving average price is $36.85 and its 200 day moving average price is $37.19. The stock has a market cap of $88.48 million, a price-to-earnings ratio of 17.65 and a beta of 0.45.

iShares MSCI Kuwait ETF Profile

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.