Man Group plc Increases Stock Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Man Group plc grew its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 47.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,000 shares of the company’s stock after purchasing an additional 2,900 shares during the period. Man Group plc’s holdings in iShares MSCI Saudi Arabia ETF were worth $368,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Custom Index Systems LLC purchased a new stake in shares of iShares MSCI Saudi Arabia ETF in the fourth quarter valued at about $276,000. Denali Advisors LLC grew its position in iShares MSCI Saudi Arabia ETF by 3.4% during the fourth quarter. Denali Advisors LLC now owns 9,000 shares of the company’s stock valued at $368,000 after buying an additional 300 shares during the period. BNP Paribas Financial Markets grew its position in iShares MSCI Saudi Arabia ETF by 39,269.4% during the fourth quarter. BNP Paribas Financial Markets now owns 14,173 shares of the company’s stock valued at $579,000 after buying an additional 14,137 shares during the period. Gallacher Capital Management LLC grew its position in iShares MSCI Saudi Arabia ETF by 2.0% during the fourth quarter. Gallacher Capital Management LLC now owns 14,727 shares of the company’s stock valued at $601,000 after buying an additional 289 shares during the period. Finally, Blue Trust Inc. grew its position in iShares MSCI Saudi Arabia ETF by 4.7% during the fourth quarter. Blue Trust Inc. now owns 14,734 shares of the company’s stock valued at $629,000 after buying an additional 660 shares during the period.

iShares MSCI Saudi Arabia ETF Stock Performance

KSA opened at $39.17 on Tuesday. The firm has a market cap of $691.35 million, a P/E ratio of 18.08 and a beta of 0.49. The firm has a 50-day moving average of $40.09 and a 200 day moving average of $40.97. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $37.89 and a fifty-two week high of $43.42.

iShares MSCI Saudi Arabia ETF 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.