iShares MSCI Qatar ETF (NASDAQ:QAT) Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in iShares MSCI Qatar ETF (NASDAQ:QAT) by 1.6% during the fourth quarter, Holdings Channel.com reports. The fund owned 120,610 shares of the company’s stock after purchasing an additional 1,905 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in iShares MSCI Qatar ETF were worth $2,187,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Citigroup Inc. grew its stake in iShares MSCI Qatar ETF by 118.1% in the 3rd quarter. Citigroup Inc. now owns 5,302 shares of the company’s stock valued at $92,000 after acquiring an additional 2,871 shares during the period. Rhumbline Advisers boosted its stake in iShares MSCI Qatar ETF by 17.4% during the 3rd quarter. Rhumbline Advisers now owns 189,449 shares of the company’s stock worth $3,295,000 after purchasing an additional 28,063 shares during the last quarter. Knollwood Investment Advisory LLC acquired a new stake in iShares MSCI Qatar ETF during the 3rd quarter worth $221,000. Finally, Rock Creek Group LP boosted its stake in iShares MSCI Qatar ETF by 1,942.3% during the 3rd quarter. Rock Creek Group LP now owns 421,274 shares of the company’s stock worth $7,326,000 after purchasing an additional 400,647 shares during the last quarter.

iShares MSCI Qatar ETF Stock Down 1.2 %

Shares of QAT opened at $17.15 on Thursday. iShares MSCI Qatar ETF has a 52-week low of $15.66 and a 52-week high of $19.56. The firm’s fifty day moving average is $17.72 and its two-hundred day moving average is $17.45. The stock has a market cap of $78.03 million, a PE ratio of 10.96 and a beta of 0.48.

iShares MSCI Qatar ETF Company Profile

The iShares MSCI Qatar ETF (QAT) is an exchange-traded fund that is based on the MSCI All Qatar Capped index, a market-cap-weighted index of large-, mid and small-cap Qatari companies. QAT was launched on Apr 29, 2014 and is managed by BlackRock.