Rhumbline Advisers Raises Stock Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Rhumbline Advisers increased its stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 5.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 334,840 shares of the company’s stock after purchasing an additional 16,833 shares during the quarter. Rhumbline Advisers owned 1.79% of iShares MSCI Saudi Arabia ETF worth $13,675,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KSA. Y Intercept Hong Kong Ltd purchased a new position in shares of iShares MSCI Saudi Arabia ETF during the 3rd quarter worth $201,000. Caprock Group LLC boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 8.5% during the 3rd quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock worth $238,000 after acquiring an additional 439 shares during the last quarter. Custom Index Systems LLC purchased a new position in shares of iShares MSCI Saudi Arabia ETF during the 4th quarter worth $276,000. OneDigital Investment Advisors LLC boosted its stake in shares of 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, Blue Trust Inc. boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 4.7% during the 4th quarter. Blue Trust Inc. now owns 14,734 shares of the company’s stock worth $629,000 after acquiring an additional 660 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of iShares MSCI Saudi Arabia ETF stock opened at $42.03 on Friday. The stock has a market capitalization of $647.26 million, a PE ratio of 19.14 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a 1-year low of $39.38 and a 1-year high of $45.10. The company’s fifty day simple moving average is $41.67 and its 200-day simple moving average is $41.73.

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.