iShares MSCI Turkey ETF (NASDAQ:TUR) Stock Price Pass Below Two Hundred Day Moving Average – What’s Next?

iShares MSCI Turkey ETF (NASDAQ:TURGet Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $37.00 and traded as low as $36.11. iShares MSCI Turkey ETF shares last traded at $36.18, with a volume of 291,930 shares trading hands.

iShares MSCI Turkey ETF Stock Down 0.6 %

The company has a market cap of $188.14 million, a price-to-earnings ratio of 5.50 and a beta of 0.68. The business’s fifty day simple moving average is $36.26 and its two-hundred day simple moving average is $37.00.

iShares MSCI Turkey ETF Dividend Announcement

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

Hedge Funds Weigh In On iShares MSCI Turkey ETF

Large investors have recently bought and sold shares of the stock. Sanctuary Advisors LLC purchased a new stake in shares of iShares MSCI Turkey ETF in the 2nd quarter valued at about $793,000. BNP Paribas Financial Markets lifted its stake in iShares MSCI Turkey ETF by 1,758.2% in the third quarter. BNP Paribas Financial Markets now owns 12,524 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 11,850 shares during the last quarter. Rhumbline Advisers boosted its holdings in shares of iShares MSCI Turkey ETF by 4.8% in the second quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock valued at $274,000 after acquiring an additional 300 shares during the period. Centiva Capital LP purchased a new position in shares of iShares MSCI Turkey ETF during the third quarter worth approximately $287,000. Finally, KKM Financial LLC grew its position 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 acquiring an additional 1,163 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Company Profile

(Get Free Report)

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.

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