Shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Get Free Report) saw unusually-high trading volume on Monday . Approximately 448,635 shares were traded during trading, an increase of 8% from the previous session’s volume of 413,996 shares.The stock last traded at $40.95 and had previously closed at $40.48.
iShares MSCI Saudi Arabia ETF Stock Performance
The stock’s fifty day moving average price is $41.59 and its two-hundred day moving average price is $41.63. The company has a market cap of $625.09 million, a P/E ratio of 18.02 and a beta of 0.56.
Institutional Trading of iShares MSCI Saudi Arabia ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter valued at approximately $201,000. Caprock Group LLC lifted its stake in iShares MSCI Saudi Arabia ETF by 8.5% in the 3rd quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock valued at $238,000 after purchasing an additional 439 shares during the last quarter. Custom Index Systems LLC bought a new position in iShares MSCI Saudi Arabia ETF in the 4th quarter valued at approximately $276,000. Denali Advisors LLC lifted its stake in iShares MSCI Saudi Arabia ETF by 3.4% in the 4th quarter. Denali Advisors LLC now owns 9,000 shares of the company’s stock valued at $368,000 after purchasing an additional 300 shares during the last quarter. Finally, Man Group plc lifted its stake in iShares MSCI Saudi Arabia ETF by 47.5% in the 4th quarter. Man Group plc now owns 9,000 shares of the company’s stock valued at $368,000 after purchasing an additional 2,900 shares during the last quarter.
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.
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