Allspring Global Investments Holdings LLC Raises Stock Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Allspring Global Investments Holdings LLC grew its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 16.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 544,304 shares of the company’s stock after purchasing an additional 75,908 shares during the quarter. Allspring Global Investments Holdings LLC owned approximately 2.91% of iShares MSCI Saudi Arabia ETF worth $22,110,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Ninety One UK Ltd boosted its stake in iShares MSCI Saudi Arabia ETF by 18.9% during the 2nd quarter. Ninety One UK Ltd now owns 342,648 shares of the company’s stock worth $13,918,000 after purchasing an additional 54,535 shares during the last quarter. Ninety One North America Inc. boosted its stake in iShares MSCI Saudi Arabia ETF by 23.1% during the 2nd quarter. Ninety One North America Inc. now owns 65,236 shares of the company’s stock worth $2,650,000 after purchasing an additional 12,252 shares during the last quarter. Blue Trust Inc. boosted its stake in iShares MSCI Saudi Arabia ETF by 17.9% during the 2nd quarter. Blue Trust Inc. now owns 10,225 shares of the company’s stock worth $452,000 after purchasing an additional 1,554 shares during the last quarter. Vanderbilt University boosted its stake in iShares MSCI Saudi Arabia ETF by 1.5% during the 2nd quarter. Vanderbilt University now owns 121,974 shares of the company’s stock worth $4,955,000 after purchasing an additional 1,827 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of iShares MSCI Saudi Arabia ETF by 253.7% during the 2nd quarter. SG Americas Securities LLC now owns 115,240 shares of the company’s stock valued at $4,681,000 after acquiring an additional 82,655 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.6 %

Shares of KSA stock opened at $42.34 on Thursday. The company’s 50-day moving average price is $41.30 and its 200-day moving average price is $42.52. The stock has a market cap of $791.76 million, a price-to-earnings ratio of 17.50 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a twelve month low of $36.21 and a twelve month high of $45.10.

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.