State of New Jersey Common Pension Fund D Sells 1,664,721 Shares of iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA)

State of New Jersey Common Pension Fund D trimmed its holdings in iShares MSCI Saudi Arabia ETF (NYSEARCA:KSA) by 86.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 261,749 shares of the company’s stock after selling 1,664,721 shares during the period. State of New Jersey Common Pension Fund D owned about 1.11% of iShares MSCI Saudi Arabia ETF worth $11,080,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Blue Trust Inc. raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 3.1% in the fourth quarter. Blue Trust Inc. now owns 12,732 shares of the company’s stock valued at $493,000 after purchasing an additional 377 shares during the last quarter. Moneda S.A. Administradora General de Fondos raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 3.5% in the third quarter. Moneda S.A. Administradora General de Fondos now owns 27,360 shares of the company’s stock valued at $1,060,000 after purchasing an additional 919 shares during the last quarter. Gallacher Capital Management LLC raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 10.3% in the third quarter. Gallacher Capital Management LLC now owns 14,339 shares of the company’s stock valued at $555,000 after purchasing an additional 1,336 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 0.6% in the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 241,502 shares of the company’s stock valued at $10,223,000 after purchasing an additional 1,406 shares during the last quarter. Finally, Vanderbilt University raised its holdings in shares of iShares MSCI Saudi Arabia ETF by 1.3% in the fourth quarter. Vanderbilt University now owns 120,147 shares of the company’s stock valued at $5,086,000 after purchasing an additional 1,525 shares during the last quarter.

iShares MSCI Saudi Arabia ETF Stock Down 0.4 %

NYSEARCA KSA traded down $0.19 during trading hours on Thursday, reaching $42.50. 375,499 shares of the company were exchanged, compared to its average volume of 559,800. iShares MSCI Saudi Arabia ETF has a 1 year low of $36.21 and a 1 year high of $45.10. The business’s 50 day simple moving average is $44.29 and its 200-day simple moving average is $41.87. The stock has a market capitalization of $794.75 million, a P/E ratio of 18.42 and a beta of 0.56.

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.