Smart Portfolios LLC Makes New Investment in iShares MSCI Turkey ETF (NASDAQ:TUR)

Smart Portfolios LLC bought a new position in iShares MSCI Turkey ETF (NASDAQ:TUR) in the third quarter, according to its most recent disclosure with the SEC. The firm bought 9,088 shares of the exchange traded fund’s stock, valued at approximately $331,000.

Several other institutional investors have also modified their holdings of the stock. OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Turkey ETF in the first quarter valued at about $5,503,000. Catalyst Capital Advisors LLC boosted its holdings in iShares MSCI Turkey ETF by 5.5% in the 2nd quarter. Catalyst Capital Advisors LLC now owns 116,779 shares of the exchange traded fund’s stock valued at $4,907,000 after purchasing an additional 6,090 shares during the last quarter. Sepio Capital LP purchased a new stake in shares of iShares MSCI Turkey ETF in the 2nd quarter valued at approximately $2,599,000. Gallacher Capital Management LLC increased its holdings in shares of iShares MSCI Turkey ETF by 7.3% during the 2nd quarter. Gallacher Capital Management LLC now owns 32,136 shares of the exchange traded fund’s stock worth $1,350,000 after buying an additional 2,192 shares during the last quarter. Finally, Bricktown Capital LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at approximately $1,242,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Price Performance

TUR traded up $0.93 during trading hours on Wednesday, reaching $33.51. The company’s stock had a trading volume of 38,222 shares, compared to its average volume of 116,352. The business’s 50-day moving average is $35.21 and its 200-day moving average is $39.06. The stock has a market cap of $170.90 million, a PE ratio of 5.50 and a beta of 0.68. iShares MSCI Turkey ETF has a fifty-two week low of $31.55 and a fifty-two week high of $44.41.

iShares MSCI Turkey ETF Profile

iShares MSCI Turkey ETF (the Fund), formerly The iShares MSCI Turkey Investable Market Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the MSCI Turkey Investable Market Index (the Underlying Index). The Underlying Index is a free float-adjusted market capitalization index designed to measure equity market performance in Turkey.