Brevan Howard Capital Management LP Invests $8.13 Million in iShares MSCI Saudi Arabia ETF $KSA

Brevan Howard Capital Management LP purchased a new position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 200,249 shares of the company’s stock, valued at approximately $8,126,000. Brevan Howard Capital Management LP owned approximately 1.08% of iShares MSCI Saudi Arabia ETF at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Denali Advisors LLC boosted its stake in iShares MSCI Saudi Arabia ETF by 3.4% during the third quarter. Denali Advisors LLC now owns 12,100 shares of the company’s stock worth $491,000 after acquiring an additional 400 shares in the last quarter. Shell Asset Management Co. increased its stake in shares of iShares MSCI Saudi Arabia ETF by 1.2% during the third quarter. Shell Asset Management Co. now owns 60,557 shares of the company’s stock valued at $2,457,000 after purchasing an additional 700 shares in the last quarter. Geneos Wealth Management Inc. purchased a new position in shares of iShares MSCI Saudi Arabia ETF during the first quarter valued at approximately $41,000. Blue Trust Inc. lifted its holdings in shares of iShares MSCI Saudi Arabia ETF by 7.6% during the third quarter. Blue Trust Inc. now owns 17,805 shares of the company’s stock valued at $723,000 after purchasing an additional 1,251 shares during the last quarter. Finally, Gordian Capital Singapore Pte Ltd bought a new stake in shares of iShares MSCI Saudi Arabia ETF in the 3rd quarter worth approximately $69,000.

iShares MSCI Saudi Arabia ETF Stock Down 0.8%

iShares MSCI Saudi Arabia ETF stock opened at $37.60 on Friday. The company has a market capitalization of $631.68 million, a P/E ratio of 15.67 and a beta of 0.46. The stock’s 50 day moving average is $38.33 and its 200 day moving average is $38.40. iShares MSCI Saudi Arabia ETF has a twelve month low of $35.81 and a twelve month high of $41.55.

iShares MSCI Saudi Arabia ETF Company 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.