SG Americas Securities LLC Makes New Investment in iShares MSCI Turkey ETF $TUR

SG Americas Securities LLC bought a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) during the 1st quarter, HoldingsChannel.com reports. The fund bought 40,000 shares of the exchange traded fund’s stock, valued at approximately $1,546,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Sunbelt Securities Inc. acquired a new stake in iShares MSCI Turkey ETF during the 4th quarter worth about $530,000. Quadrature Capital Ltd acquired a new position in iShares MSCI Turkey ETF during the fourth quarter worth $1,653,000. IHT Wealth Management LLC acquired a new position in shares of iShares MSCI Turkey ETF during the 4th quarter worth about $289,000. Align Financial LLC acquired a new position in shares of iShares MSCI Turkey ETF during the fourth quarter valued at approximately $59,000. Finally, HRT Financial LP acquired a new position in iShares MSCI Turkey ETF in the 4th quarter valued at $433,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Price Performance

Shares of iShares MSCI Turkey ETF stock opened at $39.34 on Friday. iShares MSCI Turkey ETF has a 1-year low of $31.72 and a 1-year high of $43.98. The stock has a market cap of $200.63 million, a P/E ratio of 10.68 and a beta of 0.33. The stock’s 50 day simple moving average is $40.36 and its 200-day simple moving average is $39.46.

iShares MSCI Turkey ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 18th. Investors of record on Monday, June 15th were issued a $0.4792 dividend. The ex-dividend date was Monday, June 15th.

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. As of September 7, 2012, the Fund invests in sectors, such as financials, consumer staples, industrials, telecommunication services, materials, consumer discretionary, energy, healthcare, utilities and information technology.