3,500 Shares in iShares MSCI UAE ETF $UAE Purchased by Farther Finance Advisors LLC

Farther Finance Advisors LLC bought a new position in shares of iShares MSCI UAE ETF (NASDAQ:UAE) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 3,500 shares of the company’s stock, valued at approximately $66,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Teacher Retirement System of Texas acquired a new stake in iShares MSCI UAE ETF during the first quarter worth about $22,525,000. Moran Wealth Management LLC acquired a new stake in iShares MSCI UAE ETF in the first quarter valued at approximately $7,837,000. Korea Investment CORP grew its holdings in iShares MSCI UAE ETF by 173.6% in the first quarter. Korea Investment CORP now owns 461,352 shares of the company’s stock valued at $7,829,000 after purchasing an additional 292,710 shares during the period. Jane Street Group LLC grew its holdings in iShares MSCI UAE ETF by 682.5% in the first quarter. Jane Street Group LLC now owns 399,295 shares of the company’s stock valued at $6,776,000 after purchasing an additional 348,264 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in iShares MSCI UAE ETF by 9.7% in the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 334,412 shares of the company’s stock valued at $6,260,000 after purchasing an additional 29,475 shares during the period.

iShares MSCI UAE ETF Trading Up 0.2%

Shares of UAE opened at $19.11 on Monday. iShares MSCI UAE ETF has a 12 month low of $14.56 and a 12 month high of $20.42. The stock’s 50 day moving average is $19.53 and its two-hundred day moving average is $18.54. The firm has a market cap of $161.48 million, a P/E ratio of 10.93 and a beta of 0.64.

iShares MSCI UAE ETF Company Profile

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.