Spire Wealth Management Buys New Stake in iShares MSCI Turkey ETF (NASDAQ:TUR)

Spire Wealth Management bought a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) during the fourth quarter, Holdings Channel.com reports. The fund bought 1,400 shares of the exchange traded fund’s stock, valued at approximately $50,000.

A number of other hedge funds have also recently modified their holdings of TUR. TT International Asset Management LTD purchased a new position in iShares MSCI Turkey ETF during the 4th quarter worth $2,658,000. Sanctuary Advisors LLC lifted its stake in shares of iShares MSCI Turkey ETF by 54.3% in the third quarter. Sanctuary Advisors LLC now owns 30,840 shares of the exchange traded fund’s stock valued at $1,113,000 after purchasing an additional 10,851 shares during the period. Flow Traders U.S. LLC purchased a new position in iShares MSCI Turkey ETF during the 3rd quarter valued at about $627,000. BNP Paribas Financial Markets increased its holdings in 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 valued at $456,000 after acquiring an additional 11,850 shares in the last quarter. Finally, KKM Financial LLC grew 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 buying an additional 1,163 shares in the last quarter. 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 $35.65 on Monday. The company has a market cap of $192.51 million, a PE ratio of 5.50 and a beta of 0.68. iShares MSCI Turkey ETF has a 12 month low of $32.43 and a 12 month high of $44.41. The company has a 50-day simple moving average of $36.41 and a 200-day simple moving average of $36.33.

iShares MSCI Turkey ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a $0.146 dividend. The ex-dividend date 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.