iShares MSCI Turkey ETF (NASDAQ:TUR) Shares Acquired by Gallacher Capital Management LLC

Gallacher Capital Management LLC increased its holdings in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) by 7.3% during the second quarter, HoldingsChannel.com reports. The fund owned 32,136 shares of the exchange traded fund’s stock after buying an additional 2,192 shares during the period. iShares MSCI Turkey ETF accounts for about 0.7% of Gallacher Capital Management LLC’s holdings, making the stock its 26th largest holding. Gallacher Capital Management LLC’s holdings in iShares MSCI Turkey ETF were worth $1,350,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Rhumbline Advisers grew its holdings in iShares MSCI Turkey ETF by 4.8% in the 2nd quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock valued at $274,000 after buying an additional 300 shares in the last quarter. V Square Quantitative Management LLC acquired a new position in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at about $31,000. Onyx Bridge Wealth Group LLC grew its holdings in shares of iShares MSCI Turkey ETF by 2.7% in the first quarter. Onyx Bridge Wealth Group LLC now owns 31,906 shares of the exchange traded fund’s stock valued at $1,266,000 after purchasing an additional 826 shares during the period. BNP Paribas Financial Markets grew its holdings in shares of iShares MSCI Turkey ETF by 64.6% in the fourth quarter. BNP Paribas Financial Markets now owns 15,456 shares of the exchange traded fund’s stock valued at $499,000 after purchasing an additional 6,066 shares during the period. Finally, Catalyst Capital Advisors LLC increased its position in iShares MSCI Turkey ETF by 5.5% during the second quarter. Catalyst Capital Advisors LLC now owns 116,779 shares of the exchange traded fund’s stock worth $4,907,000 after purchasing an additional 6,090 shares during the last quarter. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Price Performance

Shares of TUR stock opened at $36.80 on Friday. The firm’s 50-day moving average is $40.18 and its two-hundred day moving average is $39.63. iShares MSCI Turkey ETF has a 12 month low of $31.55 and a 12 month high of $44.41. The company has a market capitalization of $211.60 million, a PE ratio of 5.50 and a beta of 0.68.

iShares MSCI Turkey ETF Dividend Announcement

The company also recently declared a Semi-Annual dividend, which was paid on Monday, June 17th. Stockholders of record on Tuesday, June 11th were given a dividend of $0.4946 per share. The ex-dividend date of this dividend was Tuesday, June 11th.

iShares MSCI Turkey ETF Profile

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.