MCF Advisors LLC bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 435,867 shares of the company’s stock, valued at approximately $15,892,000. MCF Advisors LLC owned 18.55% of iShares MSCI Kuwait ETF at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in KWT. Compass Financial Management LLC purchased a new position in shares of iShares MSCI Kuwait ETF during the 2nd quarter worth about $53,000. Robbins Farley purchased a new stake in iShares MSCI Kuwait ETF in the 2nd quarter worth about $99,000. California State Teachers Retirement System raised its position in iShares MSCI Kuwait ETF by 1,723.0% in the 2nd quarter. California State Teachers Retirement System now owns 3,646 shares of the company’s stock worth $133,000 after purchasing an additional 3,446 shares during the period. JPMorgan Chase & Co. lifted its stake in iShares MSCI Kuwait ETF by 25.8% in the second quarter. JPMorgan Chase & Co. now owns 4,031 shares of the company’s stock worth $153,000 after purchasing an additional 826 shares during the last quarter. Finally, Militia Capital Management LLC bought a new stake in iShares MSCI Kuwait ETF in the first quarter worth about $282,000.
iShares MSCI Kuwait ETF Price Performance
KWT stock opened at $37.80 on Thursday. The company has a market capitalization of $88.83 million, a PE ratio of 17.65 and a beta of 0.45. iShares MSCI Kuwait ETF has a 12 month low of $35.54 and a 12 month high of $41.08. The firm’s 50-day moving average is $36.93 and its 200 day moving average is $37.20.
About iShares MSCI Kuwait ETF
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.
Featured Articles
- Five stocks we like better than iShares MSCI Kuwait ETF
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for iShares MSCI Kuwait ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Kuwait ETF and related companies with MarketBeat.com's FREE daily email newsletter.
