KKM Financial LLC Raises Stake in iShares MSCI Turkey ETF (NASDAQ:TUR)

KKM Financial LLC raised its holdings in iShares MSCI Turkey ETF (NASDAQ:TUR) by 11.0% during the third quarter, HoldingsChannel reports. The firm owned 11,767 shares of the exchange traded fund’s stock after buying an additional 1,163 shares during the period. KKM Financial LLC’s holdings in iShares MSCI Turkey ETF were worth $428,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. V Square Quantitative Management LLC acquired a new position in iShares MSCI Turkey ETF in the 2nd quarter valued at about $31,000. Catalyst Capital Advisors LLC lifted its position in iShares MSCI Turkey ETF by 5.5% during the 2nd quarter. Catalyst Capital Advisors LLC now owns 116,779 shares of the exchange traded fund’s stock worth $4,907,000 after acquiring an additional 6,090 shares during the period. Waycross Investment Management Co purchased a new position in shares of iShares MSCI Turkey ETF in the 2nd quarter valued at approximately $1,194,000. Bricktown Capital LLC acquired a new position in shares of iShares MSCI Turkey ETF in the second quarter valued at approximately $1,242,000. Finally, Concurrent Investment Advisors LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the second quarter worth approximately $541,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Price Performance

Shares of NASDAQ TUR opened at $36.10 on Friday. The stock has a fifty day moving average price of $34.68 and a 200 day moving average price of $38.61. iShares MSCI Turkey ETF has a 1-year low of $31.55 and a 1-year high of $44.41. The company has a market cap of $184.11 million, a PE ratio of 5.50 and a beta of 0.68.

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.