Renaissance Technologies LLC Acquires 81,840 Shares of iShares MSCI Saudi Arabia ETF $KSA

Renaissance Technologies LLC boosted its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 646.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 94,500 shares of the company’s stock after purchasing an additional 81,840 shares during the quarter. Renaissance Technologies LLC owned about 0.51% of iShares MSCI Saudi Arabia ETF worth $3,756,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of iShares MSCI Saudi Arabia ETF in the 1st quarter worth approximately $1,423,000. Geneos Wealth Management Inc. purchased a new position in iShares MSCI Saudi Arabia ETF during the first quarter valued at $41,000. Raymond James Financial Inc. raised its stake in iShares MSCI Saudi Arabia ETF by 45.4% during the second quarter. Raymond James Financial Inc. now owns 24,926 shares of the company’s stock valued at $961,000 after buying an additional 7,779 shares during the last quarter. Jane Street Group LLC bought a new stake in iShares MSCI Saudi Arabia ETF in the second quarter worth $40,351,000. Finally, BNP Paribas Financial Markets bought a new stake in iShares MSCI Saudi Arabia ETF in the second quarter worth $164,000.

iShares MSCI Saudi Arabia ETF Price Performance

Shares of NYSEARCA:KSA opened at $37.65 on Friday. The business has a fifty day moving average price of $37.68 and a 200-day moving average price of $38.39. The company has a market capitalization of $621.23 million, a PE ratio of 15.67 and a beta of 0.29. iShares MSCI Saudi Arabia ETF has a 1-year low of $35.81 and a 1-year high of $41.50.

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.