Fmr LLC Has $408,000 Stock Holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Fmr LLC decreased its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 79.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,563 shares of the company’s stock after selling 37,851 shares during the quarter. Fmr LLC owned 0.05% of iShares MSCI Saudi Arabia ETF worth $408,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. DRW Securities LLC bought a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter valued at $1,728,000. Fisher Asset Management LLC acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the third quarter valued at $24,096,000. Caprock Group LLC raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 8.5% in the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock valued at $238,000 after buying an additional 439 shares during the last quarter. OneDigital Investment Advisors LLC grew its holdings in iShares MSCI Saudi Arabia ETF by 11.6% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $400,000 after acquiring an additional 970 shares during the last quarter. Finally, Florin Court Capital LLP bought a new stake in iShares MSCI Saudi Arabia ETF during the 3rd quarter worth about $3,852,000.

iShares MSCI Saudi Arabia ETF Trading Down 0.1 %

Shares of NYSEARCA KSA opened at $40.63 on Friday. iShares MSCI Saudi Arabia ETF has a 1-year low of $39.38 and a 1-year high of $45.10. The company has a 50-day moving average of $41.64 and a two-hundred day moving average of $41.52. The company has a market cap of $759.78 million, a PE ratio of 17.50 and a beta of 0.58.

About iShares MSCI Saudi Arabia ETF

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.