Saudi Arabia's sovereign wealth fund, which is among the largest in the world, released investments it bought and sold in the second quarter in an SEC filing.
The wealth fund focused on exchange-traded funds rather than individual investments and invested nearly $4.7 billion on the real-estate and utilities sectors.
The fund invested $1.86 billion into The Utilities Select Sector SPDR Fund, and $2.79 billion into The Real Estate Select Sector SPDR Fund, the filing said.
meshaluk MBS is truly a smart leader.
Great move . Great job MBS❤️
Smart move especially after collecting profits for these individual stocks, they picked the right entry point of these stocks and the right time to sell them .
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