Citigroup Inc. Has $3.50 Million Stock Position in iShares MSCI Saudi Arabia ETF $KSA

Citigroup Inc. increased its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 157.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,314 shares of the company’s stock after acquiring an additional 52,786 shares during the period. Citigroup Inc. owned about 0.47% of iShares MSCI Saudi Arabia ETF worth $3,503,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of KSA. Denali Advisors LLC lifted its position in shares of iShares MSCI Saudi Arabia ETF by 3.4% in the third quarter. Denali Advisors LLC now owns 12,100 shares of the company’s stock worth $491,000 after purchasing an additional 400 shares in the last quarter. Shell Asset Management Co. increased its stake in iShares MSCI Saudi Arabia ETF by 1.2% in the 3rd quarter. Shell Asset Management Co. now owns 60,557 shares of the company’s stock valued at $2,457,000 after buying an additional 700 shares during the period. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Saudi Arabia ETF in the 1st quarter worth approximately $41,000. Blue Trust Inc. boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 7.6% during the 3rd quarter. Blue Trust Inc. now owns 17,805 shares of the company’s stock valued at $723,000 after buying an additional 1,251 shares during the period. Finally, Schroder Investment Management Group grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 1.3% during the 2nd quarter. Schroder Investment Management Group now owns 220,976 shares of the company’s stock valued at $8,516,000 after acquiring an additional 2,807 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.6%

KSA opened at $37.25 on Friday. The stock has a market cap of $625.80 million, a price-to-earnings ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 1 year low of $35.81 and a 1 year high of $41.55. The stock has a fifty day moving average price of $38.16 and a 200 day moving average price of $38.41.

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.