iShares MSCI Turkey ETF (NASDAQ:TUR) Stock Price Cross Below 200-Day Moving Average – Time to Sell?

iShares MSCI Turkey ETF (NASDAQ:TUR) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $35.68 and traded as low as $34.93. iShares MSCI Turkey ETF shares last traded at $35.20, with a volume of 158,306 shares traded.

iShares MSCI Turkey ETF Trading Up 0.7 %

The firm has a fifty day simple moving average of $35.66 and a two-hundred day simple moving average of $35.68. The firm has a market cap of $190.08 million, a PE ratio of 4.83 and a beta of 0.68.

iShares MSCI Turkey ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Shareholders of record on Tuesday, December 17th were issued a $0.146 dividend. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Turkey ETF

Several institutional investors and hedge funds have recently bought and sold shares of TUR. Wealthfront Advisers LLC purchased a new position in shares of iShares MSCI Turkey ETF in the 4th quarter valued at approximately $27,173,000. TT International Asset Management LTD purchased a new position in shares of iShares MSCI Turkey ETF in the 4th quarter valued at approximately $2,658,000. BNP Paribas Financial Markets lifted its stake in shares of iShares MSCI Turkey ETF by 186.9% in the 4th quarter. BNP Paribas Financial Markets now owns 35,933 shares of the exchange traded fund’s stock valued at $1,289,000 after purchasing an additional 23,409 shares during the period. Gallacher Capital Management LLC lifted its stake in shares of iShares MSCI Turkey ETF by 6.5% in the 4th quarter. Gallacher Capital Management LLC now owns 35,178 shares of the exchange traded fund’s stock valued at $1,261,000 after purchasing an additional 2,154 shares during the period. Finally, Sanctuary Advisors LLC lifted its stake in shares of iShares MSCI Turkey ETF by 54.3% in the 3rd quarter. Sanctuary Advisors LLC now owns 30,840 shares of the exchange traded fund’s stock valued at $1,113,000 after purchasing an additional 10,851 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Company 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.