Rhumbline Advisers Purchases 16,833 Shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Rhumbline Advisers increased its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 5.3% during the 4th quarter, Holdings Channel reports. The firm owned 334,840 shares of the company’s stock after acquiring an additional 16,833 shares during the period. Rhumbline Advisers’ holdings in iShares MSCI Saudi Arabia ETF were worth $13,675,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Fisher Asset Management LLC bought a new stake in iShares MSCI Saudi Arabia ETF in the 3rd quarter valued at $24,096,000. Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in iShares MSCI Saudi Arabia ETF by 9.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 328,235 shares of the company’s stock valued at $13,405,000 after acquiring an additional 28,997 shares during the last quarter. Yousif Capital Management LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 11.3% in the 4th quarter. Yousif Capital Management LLC now owns 152,473 shares of the company’s stock valued at $6,227,000 after acquiring an additional 15,500 shares during the last quarter. State of New Jersey Common Pension Fund D increased its holdings in iShares MSCI Saudi Arabia ETF by 6.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 131,049 shares of the company’s stock valued at $5,596,000 after acquiring an additional 7,476 shares during the last quarter. Finally, Vanderbilt University increased its holdings in iShares MSCI Saudi Arabia ETF by 1.2% in the 4th quarter. Vanderbilt University now owns 123,393 shares of the company’s stock valued at $5,039,000 after acquiring an additional 1,419 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Performance

Shares of NYSEARCA KSA opened at $42.03 on Friday. The firm’s fifty day moving average is $41.67 and its two-hundred day moving average is $41.73. iShares MSCI Saudi Arabia ETF has a 52-week low of $39.38 and a 52-week high of $45.10. The company has a market cap of $647.26 million, a P/E ratio of 19.14 and a beta of 0.58.

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.