Scotia Capital Inc. Takes $333,000 Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

Scotia Capital Inc. purchased a new stake in shares of iShares MSCI Turkey ETF (NASDAQ:TUR – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 8,988 shares of the exchange traded fund’s stock, valued at approximately $333,000. Scotia Capital Inc. owned about 0.09% of iShares MSCI Turkey ETF at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares MSCI Turkey ETF during the fourth quarter valued at approximately $37,000. Bank of Montreal Can bought a new position in iShares MSCI Turkey ETF in the fourth quarter valued at approximately $68,000. Worth Asset Management LLC bought a new position in iShares MSCI Turkey ETF in the fourth quarter valued at approximately $74,000. Raymond James & Associates bought a new position in iShares MSCI Turkey ETF in the fourth quarter valued at approximately $211,000. Finally, AlphaCentric Advisors LLC bought a new position in iShares MSCI Turkey ETF in the third quarter valued at approximately $142,000. 35.31% of the stock is owned by institutional investors.

iShares MSCI Turkey ETF Stock Performance

Shares of TUR stock opened at $29.42 on Friday. iShares MSCI Turkey ETF has a 52-week low of $17.77 and a 52-week high of $38.17. The stock has a market cap of $245.66 million, a PE ratio of 10.31 and a beta of 0.68. The firm’s 50 day moving average price is $32.38 and its two-hundred day moving average price is $33.42.

About iShares MSCI Turkey ETF

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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.