Midwest Professional Planners LTD. Acquires Shares of 626,343 iShares MSCI Kuwait ETF $KWT

Midwest Professional Planners LTD. acquired a new position in iShares MSCI Kuwait ETF (BATS:KWT) in the second quarter, Holdings Channel reports. The institutional investor acquired 626,343 shares of the company’s stock, valued at approximately $22,836,000. iShares MSCI Kuwait ETF makes up approximately 4.4% of Midwest Professional Planners LTD.’s portfolio, making the stock its 2nd largest position. Midwest Professional Planners LTD. owned about 0.27% of iShares MSCI Kuwait ETF at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Denver PWM LLC purchased a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter valued at about $76,999,000. Jane Street Group LLC purchased a new position in iShares MSCI Kuwait ETF in the second quarter worth about $10,561,000. Keeler Thomas Management LLC purchased a new position in iShares MSCI Kuwait ETF in the second quarter worth about $2,338,000. Geode Capital Management LLC bought a new stake in iShares MSCI Kuwait ETF during the fourth quarter worth approximately $2,409,000. Finally, Fifth Third Bancorp bought a new stake in iShares MSCI Kuwait ETF during the first quarter worth approximately $1,241,000.

iShares MSCI Kuwait ETF Price Performance

BATS:KWT opened at $37.82 on Wednesday. The firm has a market capitalization of $88.88 million, a price-to-earnings ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a 1 year low of $35.54 and a 1 year high of $41.08. The business has a 50 day simple moving average of $36.78 and a 200-day simple moving average of $37.18.

iShares MSCI Kuwait ETF Company 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.