Rhumbline Advisers Buys 17,059 Shares of iShares MSCI Saudi Arabia ETF $KSA

Rhumbline Advisers increased its position in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 4.6% during the third quarter, HoldingsChannel.com reports. The fund owned 390,114 shares of the company’s stock after acquiring an additional 17,059 shares during the period. Rhumbline Advisers’ holdings in iShares MSCI Saudi Arabia ETF were worth $15,831,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of iShares MSCI Saudi Arabia ETF in the first quarter worth $1,423,000. Geneos Wealth Management Inc. purchased a new stake in shares of iShares MSCI Saudi Arabia ETF in the 1st quarter valued at about $41,000. Denali Advisors LLC boosted its position in shares of iShares MSCI Saudi Arabia ETF by 18.2% during the 2nd quarter. Denali Advisors LLC now owns 11,700 shares of the company’s stock valued at $451,000 after acquiring an additional 1,800 shares during the last quarter. SG Americas Securities LLC grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 462.9% during the second quarter. SG Americas Securities LLC now owns 116,815 shares of the company’s stock worth $4,502,000 after purchasing an additional 96,061 shares in the last quarter. Finally, Martin Currie Ltd. grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 75.7% during the second quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock worth $53,789,000 after purchasing an additional 601,208 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of KSA opened at $39.12 on Thursday. The firm’s 50 day simple moving average is $37.95 and its 200 day simple moving average is $38.42. The company has a market capitalization of $657.22 million, a P/E ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 1-year low of $35.81 and a 1-year high of $42.47.

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.