JPMorgan Chase & Co. Acquires 254,552 Shares of iShares MSCI Saudi Arabia ETF $KSA

JPMorgan Chase & Co. grew its stake in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 4,994.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 259,649 shares of the company’s stock after purchasing an additional 254,552 shares during the period. JPMorgan Chase & Co.’s holdings in iShares MSCI Saudi Arabia ETF were worth $10,537,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Shell Asset Management Co. raised its stake in shares of iShares MSCI Saudi Arabia ETF by 1.2% during the 3rd quarter. Shell Asset Management Co. now owns 60,557 shares of the company’s stock worth $2,457,000 after purchasing an additional 700 shares during the period. Geneos Wealth Management Inc. bought a new stake in iShares MSCI Saudi Arabia ETF during the 1st quarter valued at $41,000. Blue Trust Inc. boosted its holdings in shares of iShares MSCI Saudi Arabia ETF by 7.6% in the third quarter. Blue Trust Inc. now owns 17,805 shares of the company’s stock worth $723,000 after acquiring an additional 1,251 shares during the period. Schroder Investment Management Group lifted its holdings in iShares MSCI Saudi Arabia ETF by 1.3% during the 2nd quarter. Schroder Investment Management Group now owns 220,976 shares of the company’s stock worth $8,516,000 after purchasing an additional 2,807 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of iShares MSCI Saudi Arabia ETF by 10.9% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 38,163 shares of the company’s stock worth $1,471,000 after buying an additional 3,765 shares in the last quarter.

iShares MSCI Saudi Arabia ETF Stock Performance

iShares MSCI Saudi Arabia ETF stock opened at $37.25 on Friday. iShares MSCI Saudi Arabia ETF has a fifty-two week low of $35.81 and a fifty-two week high of $41.55. The firm’s fifty day moving average price is $38.16 and its 200-day moving average price is $38.41. The stock has a market cap of $625.80 million, a P/E ratio of 15.67 and a beta of 0.46.

iShares MSCI Saudi Arabia ETF Profile

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.