TT International Asset Management LTD Makes New $2.66 Million Investment in iShares MSCI Turkey ETF (NASDAQ:TUR)

TT International Asset Management LTD bought a new position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 74,131 shares of the exchange traded fund’s stock, valued at approximately $2,658,000. TT International Asset Management LTD owned approximately 1.48% of iShares MSCI Turkey ETF as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in TUR. Sunbelt Securities Inc. acquired a new position in iShares MSCI Turkey ETF in the 3rd quarter valued at about $186,000. Rhumbline Advisers raised its stake in iShares MSCI Turkey ETF by 4.8% in the 2nd quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock valued at $274,000 after purchasing an additional 300 shares during the last quarter. Centiva Capital LP acquired a new position in iShares MSCI Turkey ETF in the 3rd quarter valued at about $287,000. Smart Portfolios LLC acquired a new position in iShares MSCI Turkey ETF in the 3rd quarter valued at about $331,000. Finally, KKM Financial LLC raised 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 valued at $428,000 after purchasing an additional 1,163 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Trading Down 0.6 %

Shares of TUR stock opened at $36.07 on Monday. iShares MSCI Turkey ETF has a twelve month low of $32.43 and a twelve month high of $44.41. The firm has a 50-day moving average price of $35.99 and a 200 day moving average price of $37.26. The company has a market capitalization of $180.35 million, a price-to-earnings ratio of 5.50 and a beta of 0.68.

iShares MSCI Turkey ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were paid 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.