Moneda S.A. Administradora General de Fondos Cuts Holdings in iShares MSCI UAE ETF (NASDAQ:UAE)

Moneda S.A. Administradora General de Fondos reduced its holdings in shares of iShares MSCI UAE ETF (NASDAQ:UAE) by 7.8% in the 4th quarter, HoldingsChannel reports. The fund owned 24,008 shares of the company’s stock after selling 2,031 shares during the quarter. iShares MSCI UAE ETF accounts for approximately 0.4% of Moneda S.A. Administradora General de Fondos’ investment portfolio, making the stock its 23rd biggest holding. Moneda S.A. Administradora General de Fondos’ holdings in iShares MSCI UAE ETF were worth $395,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in UAE. Geneos Wealth Management Inc. acquired a new stake in shares of iShares MSCI UAE ETF in the 4th quarter valued at about $1,804,000. Sanctuary Advisors LLC purchased a new stake in iShares MSCI UAE ETF during the 4th quarter valued at approximately $780,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in iShares MSCI UAE ETF by 4.8% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 269,024 shares of the company’s stock valued at $4,428,000 after acquiring an additional 12,336 shares during the last quarter. Finally, Yousif Capital Management LLC raised its stake in iShares MSCI UAE ETF by 6.4% during the 4th quarter. Yousif Capital Management LLC now owns 123,991 shares of the company’s stock valued at $2,041,000 after acquiring an additional 7,500 shares during the last quarter.

iShares MSCI UAE ETF Stock Down 1.9 %

UAE opened at $17.12 on Tuesday. The company has a market cap of $77.90 million, a PE ratio of 10.76 and a beta of 0.64. The business has a 50 day moving average price of $17.03 and a two-hundred day moving average price of $15.85. iShares MSCI UAE ETF has a 52 week low of $13.25 and a 52 week high of $17.69.

iShares MSCI UAE ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were paid a $0.0188 dividend. The ex-dividend date was Tuesday, December 17th.

About iShares MSCI UAE ETF

The iShares MSCI UAE ETF (UAE) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of large-, mid and small-cap UAE companies. UAE was launched on Apr 29, 2014 and is managed by BlackRock.