City of London Investment Management Co. Ltd. bought a new stake in iShares MSCI Kuwait ETF (BATS:KWT – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 11,200 shares of the company’s stock, valued at approximately $349,000.
Separately, Prudential PLC raised its position in iShares MSCI Kuwait ETF by 0.6% during the fourth quarter. Prudential PLC now owns 222,350 shares of the company’s stock valued at $6,839,000 after purchasing an additional 1,317 shares in the last quarter.
iShares MSCI Kuwait ETF Stock Performance
BATS KWT opened at $32.59 on Monday. The firm has a market cap of $76.60 million, a P/E ratio of 18.16 and a beta of 0.43. The firm’s fifty day moving average price is $32.37 and its two-hundred day moving average price is $32.72.
iShares MSCI Kuwait ETF Company 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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