Onyx Bridge Wealth Group LLC Makes New Investment in iShares MSCI Turkey ETF (NASDAQ:TUR)

Onyx Bridge Wealth Group LLC bought a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 31,080 shares of the exchange traded fund’s stock, valued at approximately $1,003,000.

A number of other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. purchased a new stake in iShares MSCI Turkey ETF in the second quarter worth about $27,000. Anchor Investment Management LLC bought a new stake in shares of iShares MSCI Turkey ETF during the fourth quarter valued at approximately $31,000. Osaic Holdings Inc. increased its position in shares of iShares MSCI Turkey ETF by 66.8% during the second quarter. Osaic Holdings Inc. now owns 2,197 shares of the exchange traded fund’s stock valued at $66,000 after acquiring an additional 880 shares in the last quarter. Lazard Asset Management LLC bought a new stake in iShares MSCI Turkey ETF in the 3rd quarter worth approximately $121,000. Finally, Tower Research Capital LLC TRC bought a new stake in iShares MSCI Turkey ETF in the 3rd quarter worth approximately $127,000. Institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Performance

Shares of iShares MSCI Turkey ETF stock traded up $0.51 on Friday, hitting $38.21. 54,930 shares of the company’s stock were exchanged, compared to its average volume of 127,337. The company has a 50-day simple moving average of $37.02 and a 200-day simple moving average of $35.70. The stock has a market capitalization of $227.35 million, a PE ratio of 5.23 and a beta of 0.68. iShares MSCI Turkey ETF has a 1 year low of $27.61 and a 1 year high of $39.76.

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.