UBS Group AG Cuts Stake in iShares MSCI Saudi Arabia ETF $KSA

UBS Group AG decreased its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 17.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 87,195 shares of the company’s stock after selling 18,406 shares during the period. UBS Group AG’s holdings in iShares MSCI Saudi Arabia ETF were worth $3,175,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Denali Advisors LLC boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 3.4% in the 3rd quarter. Denali Advisors LLC now owns 12,100 shares of the company’s stock valued at $491,000 after purchasing an additional 400 shares in the last quarter. Shell Asset Management Co. boosted its stake in shares of iShares MSCI Saudi Arabia ETF by 1.2% in the 3rd quarter. Shell Asset Management Co. now owns 60,557 shares of the company’s stock valued at $2,457,000 after purchasing an additional 700 shares in the last quarter. Farther Finance Advisors LLC boosted its position in iShares MSCI Saudi Arabia ETF by 169.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,308 shares of the company’s stock valued at $48,000 after buying an additional 822 shares during the period. Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter valued at $41,000. Finally, Vanderbilt University boosted its position in iShares MSCI Saudi Arabia ETF by 1.2% during the 4th quarter. Vanderbilt University now owns 129,063 shares of the company’s stock valued at $4,699,000 after buying an additional 1,530 shares during the period.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of KSA opened at $38.64 on Monday. The stock has a market capitalization of $710.98 million, a P/E ratio of 15.67 and a beta of 0.30. The firm has a fifty day simple moving average of $38.87 and a two-hundred day simple moving average of $38.29. iShares MSCI Saudi Arabia ETF has a twelve month low of $35.81 and a twelve month high of $41.50.

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.