iShares MSCI Turkey ETF (NASDAQ:TUR) Shares Cross Below 200-Day Moving Average – Should You Sell?

iShares MSCI Turkey ETF (NASDAQ:TUR)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $35.84 and traded as low as $33.76. iShares MSCI Turkey ETF shares last traded at $33.97, with a volume of 83,622 shares changing hands.

iShares MSCI Turkey ETF Price Performance

The company has a market cap of $183.44 million, a P/E ratio of 5.50 and a beta of 0.68. The stock’s 50-day moving average is $35.86 and its two-hundred day moving average is $35.84.

iShares MSCI Turkey ETF Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Spire Wealth Management bought a new position in iShares MSCI Turkey ETF in the fourth quarter worth approximately $50,000. Sunbelt Securities Inc. purchased a new stake in shares of iShares MSCI Turkey ETF in the third quarter worth $186,000. Centiva Capital LP purchased a new stake in shares of iShares MSCI Turkey ETF in the third quarter worth $287,000. Smart Portfolios LLC purchased a new stake in shares of iShares MSCI Turkey ETF in the third quarter worth $331,000. Finally, KKM Financial LLC increased its stake in shares of iShares MSCI Turkey ETF by 11.0% in the third quarter. KKM Financial LLC now owns 11,767 shares of the exchange traded fund’s stock worth $428,000 after purchasing an additional 1,163 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

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.