Mondrian Investment Partners LTD Purchases New Holdings in iShares MSCI Saudi Arabia ETF $KSA

Mondrian Investment Partners LTD acquired a new stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 3rd quarter, HoldingsChannel reports. The institutional investor acquired 55,756 shares of the company’s stock, valued at approximately $2,025,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd acquired a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter worth $255,000. Banque Cantonale Vaudoise raised its position in shares of iShares MSCI Saudi Arabia ETF by 6.8% in the first quarter. Banque Cantonale Vaudoise now owns 7,667 shares of the company’s stock valued at $305,000 after buying an additional 485 shares during the last quarter. Empowered Funds LLC acquired a new stake in shares of iShares MSCI Saudi Arabia ETF in the first quarter valued at about $573,000. Blue Trust Inc. raised its position in shares of iShares MSCI Saudi Arabia ETF by 65.8% in the first quarter. Blue Trust Inc. now owns 15,315 shares of the company’s stock valued at $609,000 after buying an additional 6,080 shares during the last quarter. Finally, SummitTX Capital L.P. lifted its stake in shares of iShares MSCI Saudi Arabia ETF by 97.7% in the first quarter. SummitTX Capital L.P. now owns 25,700 shares of the company’s stock worth $1,022,000 after buying an additional 12,700 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Trading Down 0.0%

KSA opened at $33.69 on Friday. The firm has a market capitalization of $544.09 million, a PE ratio of 15.67 and a beta of 0.32. iShares MSCI Saudi Arabia ETF has a twelve month low of $33.60 and a twelve month high of $41.17. The firm’s 50-day moving average price is $37.15 and its 200 day moving average price is $37.88.

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.