Old Mission Investment Co LLC Invests $976,000 in iShares MSCI Kuwait ETF $KWT

Old Mission Investment Co LLC bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 26,778 shares of the company’s stock, valued at approximately $976,000. Old Mission Investment Co LLC owned 1.14% of iShares MSCI Kuwait ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in KWT. Jim Saulnier & Associates LLC purchased a new stake in iShares MSCI Kuwait ETF during the 2nd quarter worth $7,966,000. United Community Bank purchased a new position in iShares MSCI Kuwait ETF in the second quarter valued at about $612,000. KFG Wealth Management LLC purchased a new position in iShares MSCI Kuwait ETF in the second quarter valued at about $6,868,000. Waycross Investment Management Co acquired a new position in shares of iShares MSCI Kuwait ETF during the second quarter worth about $16,158,000. Finally, Alamar Capital Management LLC acquired a new position in shares of iShares MSCI Kuwait ETF during the second quarter worth about $926,000.

iShares MSCI Kuwait ETF Price Performance

Shares of BATS KWT opened at $37.65 on Friday. iShares MSCI Kuwait ETF has a 1-year low of $35.54 and a 1-year high of $41.08. The company has a market capitalization of $88.48 million, a price-to-earnings ratio of 17.65 and a beta of 0.45. The business has a 50-day moving average of $36.85 and a 200-day moving average of $37.19.

iShares MSCI Kuwait ETF Profile

The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.