28,097 Shares in iShares MSCI Turkey ETF $TUR Acquired by Hilltop Holdings Inc.

Hilltop Holdings Inc. bought a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,097 shares of the exchange traded fund’s stock, valued at approximately $1,086,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of iShares MSCI Turkey ETF by 166.0% in the 1st quarter. Royal Bank of Canada now owns 14,612 shares of the exchange traded fund’s stock worth $479,000 after purchasing an additional 9,118 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in shares of iShares MSCI Turkey ETF in the 1st quarter valued at $230,000. JPMorgan Chase & Co. acquired a new stake in shares of iShares MSCI Turkey ETF during the second quarter worth $207,000. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Turkey ETF during the second quarter worth $47,000. Finally, Bank of America Corp DE increased its position in shares of iShares MSCI Turkey ETF by 8.3% during the second quarter. Bank of America Corp DE now owns 22,032 shares of the exchange traded fund’s stock worth $711,000 after buying an additional 1,688 shares during the period. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Down 0.7%

Shares of NASDAQ TUR opened at $39.16 on Friday. The company has a market capitalization of $205.59 million, a PE ratio of 10.68 and a beta of 0.33. iShares MSCI Turkey ETF has a twelve month low of $31.72 and a twelve month high of $43.98. The firm has a fifty day simple moving average of $39.22 and a 200 day simple moving average of $39.93.

iShares MSCI Turkey ETF Announces Dividend

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

iShares MSCI Turkey ETF 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.