Yousif Capital Management LLC Grows Stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Yousif Capital Management LLC lifted its stake in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 11.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 152,473 shares of the company’s stock after purchasing an additional 15,500 shares during the quarter. Yousif Capital Management LLC owned 0.82% of iShares MSCI Saudi Arabia ETF worth $6,227,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Y Intercept Hong Kong Ltd purchased a new stake in shares of iShares MSCI Saudi Arabia ETF during the 3rd quarter valued at about $201,000. Caprock Group LLC lifted its position 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 valued at $238,000 after purchasing an additional 439 shares during the period. Custom Index Systems LLC purchased a new stake in iShares MSCI Saudi Arabia ETF in the fourth quarter worth approximately $276,000. OneDigital Investment Advisors LLC grew its position in iShares MSCI Saudi Arabia ETF by 11.6% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $400,000 after purchasing an additional 970 shares during the period. Finally, Blue Trust Inc. raised its stake in iShares MSCI Saudi Arabia ETF by 37.6% during the 3rd quarter. Blue Trust Inc. now owns 14,074 shares of the company’s stock valued at $572,000 after buying an additional 3,849 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

KSA stock opened at $42.23 on Friday. The company has a market cap of $789.70 million, a P/E ratio of 17.50 and a beta of 0.58. iShares MSCI Saudi Arabia ETF has a 1 year low of $39.38 and a 1 year high of $45.10. The stock’s fifty day moving average price is $41.52 and its 200-day moving average price is $41.67.

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.