Itau Unibanco Holding S.A. Makes New Investment in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Itau Unibanco Holding S.A. acquired a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 30,000 shares of the company’s stock, valued at approximately $1,219,000. Itau Unibanco Holding S.A. owned approximately 0.16% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Banque Cantonale Vaudoise increased its holdings in iShares MSCI Saudi Arabia ETF by 2.5% in the 2nd quarter. Banque Cantonale Vaudoise now owns 12,654 shares of the company’s stock valued at $514,000 after purchasing an additional 310 shares in the last quarter. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the first quarter valued at about $45,000. Sei Investments Co. grew its stake in shares of iShares MSCI Saudi Arabia ETF by 4.3% in the second quarter. Sei Investments Co. now owns 37,230 shares of the company’s stock valued at $1,512,000 after buying an additional 1,528 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 17.9% during the 2nd quarter. Blue Trust Inc. now owns 10,225 shares of the company’s stock valued at $452,000 after buying an additional 1,554 shares during the period. Finally, Vanderbilt University lifted its position in iShares MSCI Saudi Arabia ETF by 1.5% during the 2nd quarter. Vanderbilt University now owns 121,974 shares of the company’s stock worth $4,955,000 after acquiring an additional 1,827 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

NYSEARCA KSA opened at $42.32 on Friday. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $36.21 and a fifty-two week high of $45.10. The business has a 50 day moving average price of $41.69 and a two-hundred day moving average price of $42.21. The stock has a market cap of $791.38 million, a PE ratio of 17.50 and a beta of 0.58.

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.