Russell Investments Group Ltd. Purchases New Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

Russell Investments Group Ltd. acquired a new position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 13,610 shares of the exchange traded fund’s stock, valued at approximately $444,000. Russell Investments Group Ltd. owned approximately 0.16% of iShares MSCI Turkey ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. increased its stake in iShares MSCI Turkey ETF by 223.5% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 29,921 shares of the exchange traded fund’s stock worth $983,000 after acquiring an additional 20,671 shares during the last quarter. Affinity Wealth Management LLC purchased a new stake in iShares MSCI Turkey ETF during the 1st quarter valued at $5,356,000. Millburn Ridgefield Corp lifted its position in iShares MSCI Turkey ETF by 5.7% in the first quarter. Millburn Ridgefield Corp now owns 179,287 shares of the exchange traded fund’s stock worth $5,848,000 after buying an additional 9,643 shares during the last quarter. Trust Co. of Oklahoma boosted its stake in iShares MSCI Turkey ETF by 52.2% during the first quarter. Trust Co. of Oklahoma now owns 10,772 shares of the exchange traded fund’s stock worth $351,000 after buying an additional 3,696 shares during the period. Finally, OLD Mission Capital LLC increased its position in iShares MSCI Turkey ETF by 69.2% during the fourth quarter. OLD Mission Capital LLC now owns 60,126 shares of the exchange traded fund’s stock valued at $2,225,000 after acquiring an additional 24,599 shares during the last quarter. 60.62% of the stock is currently owned by institutional investors.

iShares MSCI Turkey ETF Stock Performance

iShares MSCI Turkey ETF stock opened at $38.13 on Monday. iShares MSCI Turkey ETF has a fifty-two week low of $21.29 and a fifty-two week high of $38.18. The company has a market capitalization of $228.78 million, a PE ratio of 10.31 and a beta of 0.68. The company has a 50 day moving average price of $33.02 and a 200-day moving average price of $31.97.

iShares MSCI Turkey ETF Dividend Announcement

The firm also recently announced a Semi-Annual dividend, which was paid on Tuesday, June 13th. Shareholders of record on Thursday, June 8th were given a dividend of $1.0777 per share. The ex-dividend date was Wednesday, June 7th.

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.