iShares MSCI Kuwait ETF (BATS:KWT) Holdings Lifted by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd increased its holdings in iShares MSCI Kuwait ETF (BATS:KWT) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,532 shares of the company’s stock after acquiring an additional 3,350 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd owned about 3.00% of iShares MSCI Kuwait ETF worth $2,258,000 at the end of the most recent reporting period.

Separately, City of London Investment Management Co. Ltd. purchased a new stake in shares of iShares MSCI Kuwait ETF in the second quarter worth approximately $349,000.

iShares MSCI Kuwait ETF Price Performance

Shares of KWT opened at $31.60 on Tuesday. The stock has a market capitalization of $74.27 million, a P/E ratio of 18.16 and a beta of 0.43. The company’s 50 day moving average is $32.32 and its 200 day moving average is $32.43.

About iShares MSCI Kuwait ETF

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.