Gallacher Capital Management LLC Buys 2,154 Shares of iShares MSCI Turkey ETF (NASDAQ:TUR)

Gallacher Capital Management LLC grew its position in iShares MSCI Turkey ETF (NASDAQ:TUR) by 6.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,178 shares of the exchange traded fund’s stock after acquiring an additional 2,154 shares during the quarter. Gallacher Capital Management LLC owned 0.65% of iShares MSCI Turkey ETF worth $1,261,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of TUR. Smart Portfolios LLC lifted its holdings in shares of iShares MSCI Turkey ETF by 4.2% during the 4th quarter. Smart Portfolios LLC now owns 9,473 shares of the exchange traded fund’s stock worth $340,000 after acquiring an additional 385 shares during the period. KKM Financial LLC lifted its stake in 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. Spire Wealth Management bought a new position in iShares MSCI Turkey ETF during the fourth quarter worth about $50,000. Sunbelt Securities Inc. bought a new position in shares of iShares MSCI Turkey ETF during the 3rd quarter worth approximately $186,000. Finally, Centiva Capital LP bought a new position in shares of iShares MSCI Turkey ETF during the 3rd quarter worth approximately $287,000. Institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Performance

Shares of NASDAQ TUR opened at $38.34 on Friday. The stock has a market cap of $199.37 million, a PE ratio of 12.14 and a beta of 0.55. The business has a fifty day moving average of $35.81 and a two-hundred day moving average of $35.69. iShares MSCI Turkey ETF has a 52-week low of $32.43 and a 52-week high of $44.41.

iShares MSCI Turkey ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Investors of record on Tuesday, December 17th were issued a dividend of $0.146 per share. The ex-dividend date of this dividend was Tuesday, December 17th.

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.