SBI Securities Co. Ltd. Acquires New Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

SBI Securities Co. Ltd. acquired a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,751 shares of the exchange traded fund’s stock, valued at approximately $493,000.

Other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC grew its holdings in iShares MSCI Turkey ETF by 54.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 30,840 shares of the exchange traded fund’s stock worth $1,113,000 after acquiring an additional 10,851 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in iShares MSCI Turkey ETF by 1,758.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 12,524 shares of the exchange traded fund’s stock worth $456,000 after acquiring an additional 11,850 shares in the last quarter. Centiva Capital LP acquired a new position in iShares MSCI Turkey ETF during the 3rd quarter worth approximately $287,000. Spire Wealth Management acquired a new position in iShares MSCI Turkey ETF during the 4th quarter worth approximately $50,000. Finally, KKM Financial LLC grew its holdings in iShares MSCI Turkey ETF by 11.0% during the 3rd quarter. KKM Financial LLC now owns 11,767 shares of the exchange traded fund’s stock worth $428,000 after acquiring an additional 1,163 shares in the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Up 0.7 %

NASDAQ TUR opened at $35.20 on Wednesday. iShares MSCI Turkey ETF has a 52 week low of $32.43 and a 52 week high of $44.41. The stock has a market capitalization of $190.08 million, a PE ratio of 4.83 and a beta of 0.68. The firm has a 50 day moving average of $35.66 and a two-hundred day moving average of $35.68.

iShares MSCI Turkey ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Shareholders 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 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.