TT International Asset Management LTD Buys Shares of 74,131 iShares MSCI Turkey ETF (NASDAQ:TUR)

TT International Asset Management LTD bought a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 74,131 shares of the exchange traded fund’s stock, valued at approximately $2,658,000.

A number of other hedge funds also recently added to or reduced their stakes in TUR. Sunbelt Securities Inc. acquired a new position in iShares MSCI Turkey ETF during the third quarter worth about $186,000. Rhumbline Advisers grew its holdings in iShares MSCI Turkey ETF by 4.8% during the second quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 300 shares during the period. Centiva Capital LP acquired a new position in iShares MSCI Turkey ETF during the third quarter worth about $287,000. Smart Portfolios LLC purchased a new position in iShares MSCI Turkey ETF in the 3rd quarter worth about $331,000. Finally, KKM Financial LLC increased its stake in iShares MSCI Turkey ETF by 11.0% in the 3rd 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 Trading Down 0.6 %

Shares of TUR opened at $36.07 on Monday. iShares MSCI Turkey ETF has a 1-year low of $32.43 and a 1-year high of $44.41. The stock has a market capitalization of $180.35 million, a P/E ratio of 5.50 and a beta of 0.68. The business’s 50-day moving average price is $35.99 and its 200 day moving average price is $37.26.

iShares MSCI Turkey ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.146 per share. The ex-dividend date was Tuesday, December 17th.

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.