BNP Paribas Financial Markets Has $1.29 Million Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

BNP Paribas Financial Markets raised its holdings in iShares MSCI Turkey ETF (NASDAQ:TUR) by 186.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,933 shares of the exchange traded fund’s stock after buying an additional 23,409 shares during the period. BNP Paribas Financial Markets owned 0.67% of iShares MSCI Turkey ETF worth $1,289,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Smart Portfolios LLC increased its stake in shares of iShares MSCI Turkey ETF by 4.2% during the 4th quarter. Smart Portfolios LLC now owns 9,473 shares of the exchange traded fund’s stock worth $340,000 after purchasing an additional 385 shares during the last quarter. Spire Wealth Management acquired a new position in shares of iShares MSCI Turkey ETF during the 4th quarter worth about $50,000. Gallacher Capital Management LLC increased its stake in shares of iShares MSCI Turkey ETF by 6.5% during the 4th quarter. Gallacher Capital Management LLC now owns 35,178 shares of the exchange traded fund’s stock worth $1,261,000 after purchasing an additional 2,154 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of iShares MSCI Turkey ETF during the 4th quarter worth about $493,000. Finally, Wealthfront Advisers LLC acquired a new position in shares of iShares MSCI Turkey ETF during the 4th quarter worth about $27,173,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

iShares MSCI Turkey ETF Price Performance

iShares MSCI Turkey ETF stock opened at $32.49 on Tuesday. The firm has a market capitalization of $142.96 million, a PE ratio of 10.02 and a beta of 0.68. The company’s 50-day moving average is $32.42 and its 200-day moving average is $34.64. iShares MSCI Turkey ETF has a fifty-two week low of $30.29 and a fifty-two week high of $44.41.

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.