iShares MSCI Turkey ETF (NASDAQ:TUR) Shares Acquired by UBS Group AG

UBS Group AG lifted its stake in shares of iShares MSCI Turkey ETF (NASDAQ:TUR – Get Rating) by 89.9% during the 4th quarter, HoldingsChannel reports. The firm owned 429,188 shares of the exchange traded fund’s stock after purchasing an additional 203,212 shares during the quarter. UBS Group AG’s holdings in iShares MSCI Turkey ETF were worth $15,880,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. NewSquare Capital LLC raised its position in shares of iShares MSCI Turkey ETF by 158.4% during the 4th quarter. NewSquare Capital LLC now owns 140,752 shares of the exchange traded fund’s stock valued at $5,208,000 after buying an additional 86,280 shares during the period. Jane Street Group LLC raised its position in shares of iShares MSCI Turkey ETF by 135.4% during the 3rd quarter. Jane Street Group LLC now owns 114,254 shares of the exchange traded fund’s stock valued at $2,523,000 after buying an additional 65,726 shares during the period. BNP Paribas Arbitrage SA raised its position in shares of iShares MSCI Turkey ETF by 31.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 212,248 shares of the exchange traded fund’s stock valued at $4,394,000 after buying an additional 50,429 shares during the period. Royal Bank of Canada raised its position in shares of iShares MSCI Turkey ETF by 915.8% during the 3rd quarter. Royal Bank of Canada now owns 42,004 shares of the exchange traded fund’s stock valued at $929,000 after buying an additional 37,869 shares during the period. Finally, OLD Mission Capital LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the 3rd quarter valued at approximately $784,000. 35.31% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Turkey ETF Stock Performance

TUR stock opened at $29.42 on Friday. The firm has a market cap of $245.66 million, a PE ratio of 10.31 and a beta of 0.68. The firm’s 50 day moving average price is $32.38 and its 200-day moving average price is $33.42. iShares MSCI Turkey ETF has a one year low of $17.77 and a one year high of $38.17.

iShares MSCI Turkey ETF Company Profile

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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.