Denali Advisors LLC Increases Stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Denali Advisors LLC boosted its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 3.4% in the 4th quarter, Holdings Channel reports. The fund owned 9,000 shares of the company’s stock after buying an additional 300 shares during the period. Denali Advisors LLC’s holdings in iShares MSCI Saudi Arabia ETF were worth $368,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Caprock Group LLC boosted its stake in iShares MSCI Saudi Arabia ETF by 8.5% during the third quarter. Caprock Group LLC now owns 5,582 shares of the company’s stock worth $238,000 after buying an additional 439 shares during the last quarter. Blue Trust Inc. boosted its stake in iShares MSCI Saudi Arabia ETF by 4.7% during the fourth quarter. Blue Trust Inc. now owns 14,734 shares of the company’s stock worth $629,000 after buying an additional 660 shares during the last quarter. OneDigital Investment Advisors LLC boosted its stake in iShares MSCI Saudi Arabia ETF by 11.6% during the third quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $400,000 after buying an additional 970 shares during the last quarter. Vanderbilt University boosted its stake in iShares MSCI Saudi Arabia ETF by 1.2% during the fourth quarter. Vanderbilt University now owns 123,393 shares of the company’s stock worth $5,039,000 after buying an additional 1,419 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI Saudi Arabia ETF during the third quarter worth $201,000.

iShares MSCI Saudi Arabia ETF Stock Down 1.1 %

Shares of iShares MSCI Saudi Arabia ETF stock opened at $41.17 on Friday. iShares MSCI Saudi Arabia ETF has a 52 week low of $39.38 and a 52 week high of $45.10. The business’s fifty day simple moving average is $41.71 and its 200-day simple moving average is $41.77. The firm has a market cap of $634.02 million, a PE ratio of 19.14 and a beta of 0.58.

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.