Sumitomo Mitsui DS Asset Management Company Ltd purchased a new position in iShares MSCI Kuwait ETF (BATS:KWT – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm purchased 101,832 shares of the company’s stock, valued at approximately $3,735,000.
Several other large investors also recently added to or reduced their stakes in KWT. Envestnet Asset Management Inc. bought a new stake in iShares MSCI Kuwait ETF during the second quarter worth approximately $147,551,000. NewEdge Advisors LLC bought a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at approximately $130,912,000. Integrated Wealth Concepts LLC bought a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at approximately $113,712,000. Denver PWM LLC bought a new stake in shares of iShares MSCI Kuwait ETF in the 2nd quarter valued at approximately $76,999,000. Finally, Baird Financial Group Inc. purchased a new position in shares of iShares MSCI Kuwait ETF in the 2nd quarter worth approximately $41,315,000.
iShares MSCI Kuwait ETF Stock Performance
BATS KWT opened at $34.57 on Friday. The company has a market cap of $81.24 million, a P/E ratio of 17.65 and a beta of 0.45. The business’s 50 day moving average price is $36.79 and its 200-day moving average price is $37.19. iShares MSCI Kuwait ETF has a fifty-two week low of $34.56 and a fifty-two week high of $41.08.
iShares MSCI Kuwait ETF Profile
The iShares MSCI Kuwait ETF (KWT) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted index of all-cap stocks in Kuwait. KWT was launched on Sep 1, 2020 and is managed by BlackRock.
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