Moneda S.A. Administradora General de Fondos Reduces Position in iShares MSCI UAE ETF (NASDAQ:UAE)

Moneda S.A. Administradora General de Fondos trimmed its stake in iShares MSCI UAE ETF (NASDAQ:UAE) by 7.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,008 shares of the company’s stock after selling 2,031 shares during the period. iShares MSCI UAE ETF makes up approximately 0.4% of Moneda S.A. Administradora General de Fondos’ portfolio, making the stock its 23rd biggest holding. Moneda S.A. Administradora General de Fondos owned approximately 0.53% of iShares MSCI UAE ETF worth $395,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new position in shares of iShares MSCI UAE ETF during the fourth quarter valued at $1,804,000. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI UAE ETF in the 4th quarter worth $780,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of iShares MSCI UAE ETF by 4.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 269,024 shares of the company’s stock worth $4,428,000 after purchasing an additional 12,336 shares during the last quarter. Finally, Yousif Capital Management LLC increased its position in iShares MSCI UAE ETF by 6.4% during the 4th quarter. Yousif Capital Management LLC now owns 123,991 shares of the company’s stock valued at $2,041,000 after buying an additional 7,500 shares in the last quarter.

iShares MSCI UAE ETF Stock Performance

Shares of UAE stock opened at $17.12 on Tuesday. The stock’s 50-day simple moving average is $17.03 and its 200-day simple moving average is $15.85. The firm has a market capitalization of $77.90 million, a PE ratio of 10.76 and a beta of 0.64. iShares MSCI UAE ETF has a fifty-two week low of $13.25 and a fifty-two week high of $17.69.

iShares MSCI UAE ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.0188 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI UAE ETF

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.