Y Intercept Hong Kong Ltd Invests $769,000 in iShares MSCI Saudi Arabia ETF $KSA

Y Intercept Hong Kong Ltd purchased a new stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,948 shares of the company’s stock, valued at approximately $769,000. Y Intercept Hong Kong Ltd owned approximately 0.10% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in KSA. Blue Trust Inc. raised its stake in shares of iShares MSCI Saudi Arabia ETF by 2.7% in the second quarter. Blue Trust Inc. now owns 16,554 shares of the company’s stock worth $638,000 after purchasing an additional 443 shares during the last quarter. Blair William & Co. IL purchased a new stake in shares of iShares MSCI Saudi Arabia ETF during the second quarter valued at $37,000. Fisher Asset Management LLC increased its holdings in iShares MSCI Saudi Arabia ETF by 30.0% in the 2nd quarter. Fisher Asset Management LLC now owns 761,031 shares of the company’s stock worth $29,330,000 after buying an additional 175,699 shares in the last quarter. Martin Currie Ltd. increased its holdings in iShares MSCI Saudi Arabia ETF by 75.7% in the 2nd quarter. Martin Currie Ltd. now owns 1,395,679 shares of the company’s stock worth $53,789,000 after buying an additional 601,208 shares in the last quarter. Finally, Prudential Financial Inc. raised its position in iShares MSCI Saudi Arabia ETF by 14.6% in the 2nd quarter. Prudential Financial Inc. now owns 125,600 shares of the company’s stock worth $4,841,000 after buying an additional 16,000 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Performance

KSA opened at $39.79 on Tuesday. The company’s 50-day simple moving average is $37.47 and its two-hundred day simple moving average is $38.29. The stock has a market capitalization of $668.47 million, a P/E ratio of 15.67 and a beta of 0.46. iShares MSCI Saudi Arabia ETF has a 52-week low of $35.81 and a 52-week high of $42.55.

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.