Natixis Acquires New Shares in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Natixis bought a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 103,177 shares of the company’s stock, valued at approximately $4,556,000.

A number of other large investors have also added to or reduced their stakes in KSA. Allspring Global Investments Holdings LLC raised its holdings in iShares MSCI Saudi Arabia ETF by 122.8% in the first quarter. Allspring Global Investments Holdings LLC now owns 468,396 shares of the company’s stock worth $20,684,000 after purchasing an additional 258,175 shares in the last quarter. AJOVista LLC bought a new position in iShares MSCI Saudi Arabia ETF in the fourth quarter worth about $6,706,000. Mondrian Investment Partners LTD raised its holdings in iShares MSCI Saudi Arabia ETF by 34.9% in the first quarter. Mondrian Investment Partners LTD now owns 356,672 shares of the company’s stock worth $15,751,000 after purchasing an additional 92,283 shares in the last quarter. Wellington Management Group LLP increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 1,123.3% during the fourth quarter. Wellington Management Group LLP now owns 89,182 shares of the company’s stock valued at $3,775,000 after acquiring an additional 81,892 shares in the last quarter. Finally, Axiom Investors LLC DE increased its holdings in shares of iShares MSCI Saudi Arabia ETF by 16.1% during the fourth quarter. Axiom Investors LLC DE now owns 202,600 shares of the company’s stock valued at $8,576,000 after acquiring an additional 28,100 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Stock Up 0.0 %

KSA opened at $41.63 on Friday. iShares MSCI Saudi Arabia ETF has a 52-week low of $36.21 and a 52-week high of $45.10. The company has a market cap of $778.48 million, a P/E ratio of 17.50 and a beta of 0.58. The firm’s 50-day moving average price is $41.02 and its 200-day moving average price is $42.73.

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.