9,528 Shares in iShares MSCI Kuwait ETF (BATS:KWT) Bought by OLD Mission Capital LLC

OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Kuwait ETF (BATS:KWT) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 9,528 shares of the company’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Rhumbline Advisers boosted its holdings in iShares MSCI Kuwait ETF by 11.8% in the 4th quarter. Rhumbline Advisers now owns 82,530 shares of the company’s stock worth $2,659,000 after acquiring an additional 8,710 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in iShares MSCI Kuwait ETF by 6.0% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 74,731 shares of the company’s stock worth $2,408,000 after acquiring an additional 4,199 shares in the last quarter. Finally, Yousif Capital Management LLC increased its holdings in iShares MSCI Kuwait ETF by 6.8% in the fourth quarter. Yousif Capital Management LLC now owns 34,352 shares of the company’s stock valued at $1,107,000 after buying an additional 2,200 shares during the last quarter.

iShares MSCI Kuwait ETF Trading Down 6.5 %

KWT stock opened at $33.22 on Tuesday. iShares MSCI Kuwait ETF has a 12-month low of $30.85 and a 12-month high of $36.75. The stock’s 50 day simple moving average is $35.15 and its 200 day simple moving average is $33.34. The firm has a market cap of $66.43 million, a P/E ratio of 16.23 and a beta of 0.44.

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.