SG Americas Securities LLC Takes $1.55 Million Position in iShares MSCI Turkey ETF $TUR

SG Americas Securities LLC purchased a new position in iShares MSCI Turkey ETF (NASDAQ:TUR) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 40,000 shares of the exchange traded fund’s stock, valued at approximately $1,546,000. SG Americas Securities LLC owned 0.84% of iShares MSCI Turkey ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in TUR. Osaic Holdings Inc. raised its stake in shares of iShares MSCI Turkey ETF by 81.7% during the second quarter. Osaic Holdings Inc. now owns 836 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 376 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in iShares MSCI Turkey ETF by 10.3% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,718 shares of the exchange traded fund’s stock worth $249,000 after purchasing an additional 720 shares during the period. V Square Quantitative Management LLC bought a new stake in iShares MSCI Turkey ETF during the 4th quarter valued at $26,000. Raymond James Financial Inc. bought a new stake in iShares MSCI Turkey ETF during the 2nd quarter valued at $47,000. Finally, Bank of America Corp DE lifted its holdings in shares of iShares MSCI Turkey ETF by 8.3% in the 2nd 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 own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Trading Up 0.4%

Shares of iShares MSCI Turkey ETF stock opened at $39.34 on Friday. The firm has a market cap of $200.63 million, a P/E ratio of 10.68 and a beta of 0.33. iShares MSCI Turkey ETF has a 12 month low of $31.72 and a 12 month high of $43.98. The stock’s fifty day moving average price is $40.36 and its 200-day moving average price is $39.46.

iShares MSCI Turkey ETF Announces Dividend

The firm also recently announced 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.

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. 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.