XY Planning Network Inc. Purchases New Shares in iShares MSCI Kuwait ETF $KWT

XY Planning Network Inc. bought a new position in iShares MSCI Kuwait ETF (BATS:KWT) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 27,853 shares of the company’s stock, valued at approximately $1,016,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Denver PWM LLC acquired a new stake in iShares MSCI Kuwait ETF during the 2nd quarter valued at $76,999,000. Midwest Professional Planners LTD. bought a new stake in iShares MSCI Kuwait ETF in the second quarter worth $22,836,000. Waycross Investment Management Co bought a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth about $16,158,000. Allworth Financial LP bought a new stake in iShares MSCI Kuwait ETF during the second quarter worth approximately $12,195,000. Finally, Jane Street Group LLC bought a new stake in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth $10,561,000.

iShares MSCI Kuwait ETF Stock Up 0.2%

KWT opened at $37.80 on Thursday. iShares MSCI Kuwait ETF has a 12-month low of $35.54 and a 12-month high of $41.08. The stock’s 50 day moving average price is $36.93 and its two-hundred day moving average price is $37.20. The firm has a market capitalization of $88.83 million, a P/E ratio of 17.65 and a beta of 0.45.

iShares MSCI Kuwait ETF Company 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.