iShares MSCI Saudi Arabia ETF $KSA Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 10.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 142,274 shares of the company’s stock after selling 15,850 shares during the period. Yousif Capital Management LLC owned approximately 0.85% of iShares MSCI Saudi Arabia ETF worth $5,398,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. acquired a new stake in iShares MSCI Saudi Arabia ETF in the first quarter worth approximately $41,000. Gordian Capital Singapore Pte Ltd acquired a new stake in iShares MSCI Saudi Arabia ETF in the third quarter worth approximately $69,000. Triumph Capital Management acquired a new stake in iShares MSCI Saudi Arabia ETF in the third quarter worth approximately $70,000. BNP Paribas Financial Markets acquired a new stake in iShares MSCI Saudi Arabia ETF in the second quarter worth approximately $164,000. Finally, Caprock Group LLC acquired a new stake in iShares MSCI Saudi Arabia ETF in the third quarter worth approximately $202,000.

iShares MSCI Saudi Arabia ETF Price Performance

KSA opened at $39.63 on Friday. The company has a market capitalization of $745.04 million, a price-to-earnings ratio of 15.67 and a beta of 0.41. iShares MSCI Saudi Arabia ETF has a 1-year low of $35.81 and a 1-year high of $41.50. The business has a 50 day moving average price of $38.49 and a two-hundred day moving average price of $38.58.

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.