CX Institutional Takes $114,000 Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

CX Institutional purchased a new stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 2,756 shares of the company’s stock, valued at approximately $114,000.

Several other institutional investors have also recently bought and sold shares of KSA. Rhumbline Advisers grew its holdings in iShares MSCI Saudi Arabia ETF by 5.3% during the 4th quarter. Rhumbline Advisers now owns 334,840 shares of the company’s stock worth $13,675,000 after acquiring an additional 16,833 shares during the period. Denali Advisors LLC raised its holdings 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 worth $368,000 after acquiring an additional 300 shares in the last quarter. Fisher Asset Management LLC raised its position in iShares MSCI Saudi Arabia ETF by 3.7% during the fourth quarter. Fisher Asset Management LLC now owns 585,228 shares of the company’s stock worth $23,901,000 after acquiring an additional 20,925 shares in the last quarter. Raymond James Financial Inc. bought a new stake in iShares MSCI Saudi Arabia ETF in the fourth quarter valued at approximately $619,000. Finally, Wealthfront Advisers LLC acquired a new position in shares of iShares MSCI Saudi Arabia ETF in the fourth quarter valued at $51,211,000.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of NYSEARCA KSA opened at $37.48 on Tuesday. iShares MSCI Saudi Arabia ETF has a one year low of $37.04 and a one year high of $43.42. The stock’s fifty day moving average price is $39.48 and its two-hundred day moving average price is $40.65. The firm has a market cap of $661.52 million, a price-to-earnings ratio of 18.08 and a beta of 0.49.

About iShares MSCI Saudi Arabia ETF

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.