Sanctuary Advisors LLC Takes Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

Sanctuary Advisors LLC acquired a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) in the second quarter, Holdings Channel reports. The firm acquired 19,989 shares of the exchange traded fund’s stock, valued at approximately $793,000.

A number of other institutional investors have also recently made changes to their positions in TUR. Rhumbline Advisers grew its holdings in iShares MSCI Turkey ETF by 4.8% during the 2nd quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock worth $274,000 after acquiring an additional 300 shares in the last quarter. Gallacher Capital Management LLC grew its holdings in iShares MSCI Turkey ETF by 7.3% during the 2nd quarter. Gallacher Capital Management LLC now owns 32,136 shares of the exchange traded fund’s stock worth $1,350,000 after acquiring an additional 2,192 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in iShares MSCI Turkey ETF during the 2nd quarter worth approximately $541,000. Sepio Capital LP acquired a new position in iShares MSCI Turkey ETF during the 2nd quarter worth approximately $2,599,000. Finally, V Square Quantitative Management LLC acquired a new position in iShares MSCI Turkey ETF during the 2nd quarter worth approximately $31,000. Institutional investors and hedge funds own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Down 0.5 %

NASDAQ TUR opened at $33.66 on Friday. The firm has a 50 day moving average of $36.74 and a two-hundred day moving average of $39.51. iShares MSCI Turkey ETF has a 52 week low of $31.55 and a 52 week high of $44.41. The stock has a market capitalization of $171.67 million, a PE ratio of 5.50 and a beta of 0.68.

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.