Sumitomo Mitsui DS Asset Management Company Ltd Has $12.78 Million Stock Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 6.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,238 shares of the company’s stock after purchasing an additional 17,887 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares MSCI Saudi Arabia ETF were worth $12,777,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. BNP Paribas Financial Markets increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 160.1% during the first quarter. BNP Paribas Financial Markets now owns 22,105 shares of the company’s stock worth $976,000 after buying an additional 13,605 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 1,123.3% during the fourth quarter. Wellington Management Group LLP now owns 89,182 shares of the company’s stock worth $3,775,000 after buying an additional 81,892 shares in the last quarter. Mondrian Investment Partners LTD increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 67.0% during the second quarter. Mondrian Investment Partners LTD now owns 595,693 shares of the company’s stock worth $25,079,000 after buying an additional 239,021 shares in the last quarter. Allspring Global Investments Holdings LLC increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 122.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 468,396 shares of the company’s stock worth $20,684,000 after buying an additional 258,175 shares in the last quarter. Finally, Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Saudi Arabia ETF during the first quarter worth $45,000.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of NYSEARCA:KSA opened at $41.65 on Friday. The company has a fifty day moving average of $41.95 and a 200-day moving average of $41.91. The company has a market capitalization of $778.86 million, a PE ratio of 17.50 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a 52-week low of $36.21 and a 52-week high of $45.10.

iShares MSCI Saudi Arabia ETF 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.