Fisher Asset Management LLC Makes New Investment in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

Fisher Asset Management LLC purchased a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 564,303 shares of the company’s stock, valued at approximately $24,096,000. Fisher Asset Management LLC owned approximately 3.02% of iShares MSCI Saudi Arabia ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Caprock Group LLC grew its stake in shares of 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 worth $238,000 after purchasing an additional 439 shares in the last quarter. OneDigital Investment Advisors LLC grew its stake in shares of iShares MSCI Saudi Arabia ETF by 11.6% during the third quarter. OneDigital Investment Advisors LLC now owns 9,367 shares of the company’s stock worth $400,000 after purchasing an additional 970 shares in the last quarter. Blue Trust Inc. boosted its stake in iShares MSCI Saudi Arabia ETF by 17.9% in the second quarter. Blue Trust Inc. now owns 10,225 shares of the company’s stock valued at $452,000 after acquiring an additional 1,554 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in iShares MSCI Saudi Arabia ETF in the second quarter valued at $494,000. Finally, Banque Cantonale Vaudoise boosted its stake in iShares MSCI Saudi Arabia ETF by 2.5% in the second quarter. Banque Cantonale Vaudoise now owns 12,654 shares of the company’s stock valued at $514,000 after acquiring an additional 310 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Price Performance

NYSEARCA KSA opened at $40.33 on Thursday. iShares MSCI Saudi Arabia ETF has a 1 year low of $39.38 and a 1 year high of $45.10. The company has a market capitalization of $754.17 million, a PE ratio of 17.50 and a beta of 0.58. The company has a fifty day moving average of $41.87 and a two-hundred day moving average of $41.51.

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.