9,088 Shares in iShares MSCI Turkey ETF (NASDAQ:TUR) Purchased by Smart Portfolios LLC

Smart Portfolios LLC purchased a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,088 shares of the exchange traded fund’s stock, valued at approximately $331,000. Smart Portfolios LLC owned 0.18% of iShares MSCI Turkey ETF at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. OLD Mission Capital LLC acquired a new position in shares of iShares MSCI Turkey ETF in the 1st quarter valued at $5,503,000. Catalyst Capital Advisors LLC increased its holdings in iShares MSCI Turkey ETF by 5.5% in the second quarter. Catalyst Capital Advisors LLC now owns 116,779 shares of the exchange traded fund’s stock valued at $4,907,000 after buying an additional 6,090 shares in the last quarter. Sepio Capital LP acquired a new position in shares of iShares MSCI Turkey ETF in the second quarter worth about $2,599,000. Gallacher Capital Management LLC boosted its stake in shares of iShares MSCI Turkey ETF by 7.3% during the 2nd quarter. Gallacher Capital Management LLC now owns 32,136 shares of the exchange traded fund’s stock worth $1,350,000 after acquiring an additional 2,192 shares in the last quarter. Finally, Bricktown Capital LLC acquired a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at about $1,242,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Price Performance

NASDAQ TUR traded up $0.93 during trading hours on Wednesday, reaching $33.51. The company’s stock had a trading volume of 38,222 shares, compared to its average volume of 116,352. The firm has a market capitalization of $170.90 million, a price-to-earnings ratio of 5.50 and a beta of 0.68. The company’s 50-day moving average is $35.21 and its two-hundred day moving average is $39.06. iShares MSCI Turkey ETF has a 1-year low of $31.55 and a 1-year high of $44.41.

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.