iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) Position Trimmed by SG Americas Securities LLC

SG Americas Securities LLC reduced its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 60.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 14,971 shares of the company’s stock after selling 22,967 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of iShares MSCI Saudi Arabia ETF worth $611,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Sei Investments Co. boosted its position in iShares MSCI Saudi Arabia ETF by 4.3% during the 2nd quarter. Sei Investments Co. now owns 37,230 shares of the company’s stock valued at $1,512,000 after purchasing an additional 1,528 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in shares of iShares MSCI Saudi Arabia ETF during the second quarter valued at $494,000. Sumitomo Mitsui DS Asset Management Company Ltd grew its position in shares of iShares MSCI Saudi Arabia ETF by 6.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 299,238 shares of the company’s stock worth $12,777,000 after acquiring an additional 17,887 shares during the last quarter. Blue Trust Inc. increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 37.6% in the 3rd quarter. Blue Trust Inc. now owns 14,074 shares of the company’s stock worth $572,000 after acquiring an additional 3,849 shares during the period. Finally, State of New Jersey Common Pension Fund D lifted its position 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 purchasing an additional 7,476 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Up 0.4 %

iShares MSCI Saudi Arabia ETF stock opened at $42.27 on Friday. iShares MSCI Saudi Arabia ETF has a 52-week low of $39.38 and a 52-week high of $45.10. The firm has a market capitalization of $790.45 million, a price-to-earnings ratio of 17.50 and a beta of 0.58. The firm has a 50-day moving average price of $41.40 and a two-hundred day moving average price of $41.66.

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.