BW Gestao de Investimentos Ltda. Takes $8.12 Million Position in iShares MSCI Saudi Arabia ETF $KSA

BW Gestao de Investimentos Ltda. bought a new stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 200,000 shares of the company’s stock, valued at approximately $8,116,000. BW Gestao de Investimentos Ltda. owned about 1.08% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KSA. Martin Currie Ltd. lifted its stake in shares of iShares MSCI Saudi Arabia ETF by 75.7% in the 2nd quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock valued at $53,789,000 after acquiring an additional 601,208 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares MSCI Saudi Arabia ETF during the 2nd quarter worth $40,351,000. Mondrian Investment Partners LTD acquired a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter worth about $33,223,000. Fisher Asset Management LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 2.7% in the 3rd quarter. Fisher Asset Management LLC now owns 781,350 shares of the company’s stock worth $31,707,000 after purchasing an additional 20,319 shares in the last quarter. Finally, Rhumbline Advisers raised its position in iShares MSCI Saudi Arabia ETF by 4.6% in the third quarter. Rhumbline Advisers now owns 390,114 shares of the company’s stock valued at $15,831,000 after purchasing an additional 17,059 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Trading Up 3.1%

iShares MSCI Saudi Arabia ETF stock opened at $38.25 on Tuesday. The stock has a 50-day moving average price of $38.21 and a two-hundred day moving average price of $38.41. iShares MSCI Saudi Arabia ETF has a 12 month low of $35.81 and a 12 month high of $41.55. The company has a market capitalization of $642.60 million, a PE ratio of 15.67 and a beta of 0.46.

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.