Comerica Bank Sells 1,515 Shares of iShares MSCI UAE ETF (NASDAQ:UAE)

Comerica Bank decreased its stake in iShares MSCI UAE ETF (NASDAQ:UAE – Get Rating) by 1.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 86,047 shares of the company’s stock after selling 1,515 shares during the period. Comerica Bank’s holdings in iShares MSCI UAE ETF were worth $1,322,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UAE. Walleye Capital LLC bought a new position in iShares MSCI UAE ETF during the 2nd quarter worth approximately $167,000. Prudential Financial Inc. lifted its holdings in iShares MSCI UAE ETF by 21.9% in the second quarter. Prudential Financial Inc. now owns 19,500 shares of the company’s stock valued at $303,000 after buying an additional 3,500 shares during the period. Fort Point Capital Partners LLC bought a new stake in iShares MSCI UAE ETF during the first quarter valued at $369,000. Citadel Advisors LLC acquired a new stake in iShares MSCI UAE ETF during the 2nd quarter worth about $1,326,000. Finally, Yousif Capital Management LLC raised its position in shares of iShares MSCI UAE ETF by 60.5% in the 2nd quarter. Yousif Capital Management LLC now owns 87,562 shares of the company’s stock worth $1,360,000 after acquiring an additional 33,000 shares in the last quarter.

iShares MSCI UAE ETF Price Performance

Shares of NASDAQ:UAE opened at $15.12 on Tuesday. The business’s 50-day moving average is $15.24 and its 200-day moving average is $15.65. iShares MSCI UAE ETF has a 1 year low of $14.73 and a 1 year high of $19.40.

iShares MSCI UAE ETF Cuts Dividend

The firm also recently declared a Semi-Annual dividend, which was paid on Monday, December 19th. Shareholders of record on Wednesday, December 14th were issued a dividend of $0.032 per share. The ex-dividend date was Tuesday, December 13th.