UBS Group AG lessened its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA – Free Report) by 17.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 87,195 shares of the company’s stock after selling 18,406 shares during the period. UBS Group AG owned approximately 0.52% of iShares MSCI Saudi Arabia ETF worth $3,175,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter worth approximately $41,000. Farther Finance Advisors LLC grew its stake in iShares MSCI Saudi Arabia ETF by 169.1% in the 4th quarter. Farther Finance Advisors LLC now owns 1,308 shares of the company’s stock worth $48,000 after buying an additional 822 shares in the last quarter. Gordian Capital Singapore Pte Ltd purchased a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter worth approximately $69,000. Triumph Capital Management purchased a new position in iShares MSCI Saudi Arabia ETF in the 3rd quarter worth approximately $70,000. Finally, BNP Paribas Financial Markets purchased a new position in iShares MSCI Saudi Arabia ETF in the 2nd quarter worth approximately $164,000.
iShares MSCI Saudi Arabia ETF Price Performance
KSA stock opened at $38.64 on Monday. iShares MSCI Saudi Arabia ETF has a one year low of $35.81 and a one year high of $41.50. The stock has a market cap of $710.98 million, a PE ratio of 15.67 and a beta of 0.30. The firm has a 50 day simple moving average of $38.87 and a two-hundred day simple moving average of $38.29.
About iShares MSCI Saudi Arabia ETF
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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