Smart Portfolios LLC Grows Holdings in iShares MSCI Turkey ETF (NASDAQ:TUR)

Smart Portfolios LLC lifted its position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) by 4.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,473 shares of the exchange traded fund’s stock after buying an additional 385 shares during the period. Smart Portfolios LLC owned approximately 0.18% of iShares MSCI Turkey ETF worth $340,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. KKM Financial LLC raised its holdings in shares of iShares MSCI Turkey ETF by 11.0% during the third 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 during the period. BNP Paribas Financial Markets boosted its stake in shares of 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. Flow Traders U.S. LLC purchased a new position in iShares MSCI Turkey ETF in the 3rd quarter worth about $627,000. Centiva Capital LP acquired a new position in iShares MSCI Turkey ETF in the 3rd quarter worth approximately $287,000. Finally, Sunbelt Securities Inc. acquired a new position in iShares MSCI Turkey ETF during the third quarter valued at $186,000. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Trading Up 0.6 %

TUR opened at $37.05 on Wednesday. The stock has a market cap of $200.07 million, a price-to-earnings ratio of 4.83 and a beta of 0.68. The stock has a fifty day moving average price of $35.72 and a 200 day moving average price of $35.65. iShares MSCI Turkey ETF has a 1 year low of $32.43 and a 1 year high of $44.41.

iShares MSCI Turkey ETF Announces Dividend

The company also recently declared 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 of this dividend was Tuesday, December 17th.

About iShares MSCI Turkey ETF

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.