Jordan Park Group LLC Makes New $2.35 Million Investment in iShares MSCI Saudi Arabia ETF $KSA

Jordan Park Group LLC bought a new position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 64,788 shares of the company’s stock, valued at approximately $2,353,000. Jordan Park Group LLC owned approximately 0.40% of iShares MSCI Saudi Arabia ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of KSA. Bank of America Corp DE grew its position in shares of iShares MSCI Saudi Arabia ETF by 36.6% during the first quarter. Bank of America Corp DE now owns 515,183 shares of the company’s stock worth $20,479,000 after buying an additional 138,006 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd purchased a new stake in shares of iShares MSCI Saudi Arabia ETF in the 3rd quarter valued at approximately $15,916,000. Nipun Capital L.P. purchased a new stake in shares of iShares MSCI Saudi Arabia ETF during the 3rd quarter worth $14,989,000. Fifth Third Bancorp purchased a new stake in shares of iShares MSCI Saudi Arabia ETF during the 1st quarter worth $5,080,000. Finally, Yousif Capital Management LLC lifted its position in shares of iShares MSCI Saudi Arabia ETF by 0.9% during the 3rd quarter. Yousif Capital Management LLC now owns 125,657 shares of the company’s stock worth $4,564,000 after purchasing an additional 1,130 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Up 0.2%

Shares of KSA stock opened at $36.13 on Friday. The firm has a fifty day moving average price of $36.10 and a 200 day moving average price of $37.81. The company has a market cap of $569.05 million, a P/E ratio of 13.30 and a beta of 0.32. iShares MSCI Saudi Arabia ETF has a 12 month low of $33.60 and a 12 month high of $40.83.

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.