Mraz Amerine & Associates Inc. Makes New Investment in iShares MSCI Kuwait ETF $KWT

Mraz Amerine & Associates Inc. bought a new position in shares of iShares MSCI Kuwait ETF (BATS:KWT) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 25,125 shares of the company’s stock, valued at approximately $916,000.

A number of other institutional investors and hedge funds also recently modified their holdings of KWT. Denver PWM LLC acquired a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at approximately $76,999,000. Midwest Professional Planners LTD. acquired a new position in iShares MSCI Kuwait ETF during the second quarter valued at approximately $22,836,000. Waycross Investment Management Co acquired a new position in iShares MSCI Kuwait ETF during the second quarter valued at approximately $16,158,000. Allworth Financial LP bought a new stake in iShares MSCI Kuwait ETF in the second quarter valued at approximately $12,195,000. Finally, Jane Street Group LLC bought a new stake in iShares MSCI Kuwait ETF in the second quarter valued at approximately $10,561,000.

iShares MSCI Kuwait ETF Price Performance

Shares of BATS KWT traded up $0.07 during midday trading on Tuesday, reaching $37.72. 3,061 shares of the stock were exchanged, compared to its average volume of 7,805. The business has a 50-day simple moving average of $36.87 and a two-hundred day simple moving average of $37.20. The company has a market capitalization of $88.64 million, a price-to-earnings ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a 12 month low of $35.54 and a 12 month high of $41.08.

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.