Parkside Financial Bank & Trust Acquires New Stake in iShares MSCI Kuwait ETF $KWT

Parkside Financial Bank & Trust bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 218,579 shares of the company’s stock, valued at approximately $7,969,000. Parkside Financial Bank & Trust owned 0.09% of iShares MSCI Kuwait ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of iShares MSCI Kuwait ETF during the 1st quarter valued at about $357,000. JPMorgan Chase & Co. boosted its holdings in shares of iShares MSCI Kuwait ETF by 25.8% in the second quarter. JPMorgan Chase & Co. now owns 4,031 shares of the company’s stock worth $153,000 after buying an additional 826 shares during the last quarter. Jane Street Group LLC purchased a new stake in iShares MSCI Kuwait ETF during the second quarter valued at approximately $10,561,000. Citadel Advisors LLC raised its position in iShares MSCI Kuwait ETF by 12.4% in the third quarter. Citadel Advisors LLC now owns 18,610 shares of the company’s stock worth $737,000 after acquiring an additional 2,051 shares during the period. Finally, Susquehanna International Group LLP boosted its stake in shares of iShares MSCI Kuwait ETF by 49.5% during the 3rd quarter. Susquehanna International Group LLP now owns 23,228 shares of the company’s stock worth $919,000 after acquiring an additional 7,695 shares during the last quarter.

iShares MSCI Kuwait ETF Price Performance

Shares of KWT stock opened at $37.65 on Tuesday. The company has a market cap of $88.48 million, a price-to-earnings ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a 1 year low of $35.54 and a 1 year high of $41.08. The firm has a fifty day moving average price of $36.87 and a 200-day moving average price of $37.20.

About iShares MSCI Kuwait ETF

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.