State of New Jersey Common Pension Fund D Lowers Position in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

State of New Jersey Common Pension Fund D cut its holdings in shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 86.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 261,749 shares of the company’s stock after selling 1,664,721 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in iShares MSCI Saudi Arabia ETF were worth $11,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Florin Court Capital LLP grew its holdings in shares of iShares MSCI Saudi Arabia ETF by 6.9% during the 4th quarter. Florin Court Capital LLP now owns 60,074 shares of the company’s stock worth $2,543,000 after purchasing an additional 3,897 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in iShares MSCI Saudi Arabia ETF by 0.6% during the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 241,502 shares of the company’s stock valued at $10,223,000 after acquiring an additional 1,406 shares during the period. Ninety One UK Ltd boosted its holdings in iShares MSCI Saudi Arabia ETF by 5.5% during the 4th quarter. Ninety One UK Ltd now owns 411,746 shares of the company’s stock valued at $17,429,000 after acquiring an additional 21,558 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in iShares MSCI Saudi Arabia ETF by 55.0% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 210,221 shares of the company’s stock valued at $8,899,000 after acquiring an additional 74,603 shares during the period. Finally, Vanderbilt University boosted its holdings in iShares MSCI Saudi Arabia ETF by 1.3% during the 4th quarter. Vanderbilt University now owns 120,147 shares of the company’s stock valued at $5,086,000 after acquiring an additional 1,525 shares during the period.

iShares MSCI Saudi Arabia ETF Trading Down 0.4 %

iShares MSCI Saudi Arabia ETF stock traded down $0.19 during midday trading on Thursday, reaching $42.50. 375,499 shares of the stock traded hands, compared to its average volume of 559,800. The firm has a market cap of $794.75 million, a PE ratio of 18.42 and a beta of 0.56. The company has a 50-day simple moving average of $44.29 and a two-hundred day simple moving average of $41.87. iShares MSCI Saudi Arabia ETF has a 12-month low of $36.21 and a 12-month high of $45.10.

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.