Gallacher Capital Management LLC Grows Stock Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

Gallacher Capital Management LLC boosted its stake in iShares MSCI Turkey ETF (NASDAQ:TUR) by 1.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,471 shares of the exchange traded fund’s stock after acquiring an additional 386 shares during the quarter. Gallacher Capital Management LLC owned about 0.52% of iShares MSCI Turkey ETF worth $919,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Anchor Investment Management LLC purchased a new position in shares of iShares MSCI Turkey ETF during the 4th quarter valued at approximately $31,000. Glovista Investments LLC purchased a new position in shares of iShares MSCI Turkey ETF during the 3rd quarter valued at approximately $1,179,000. Onyx Bridge Wealth Group LLC purchased a new position in shares of iShares MSCI Turkey ETF during the 4th quarter valued at approximately $1,003,000. Raymond James Financial Services Advisors Inc. purchased a new position in shares of iShares MSCI Turkey ETF during the 4th quarter valued at approximately $1,636,000. Finally, Qube Research & Technologies Ltd boosted its stake in shares of iShares MSCI Turkey ETF by 1,501.1% during the 3rd quarter. Qube Research & Technologies Ltd now owns 56,005 shares of the exchange traded fund’s stock valued at $2,160,000 after buying an additional 52,507 shares during the last quarter. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Price Performance

Shares of TUR stock traded up $0.51 on Friday, hitting $41.50. 85,711 shares of the stock traded hands, compared to its average volume of 123,047. The company has a market capitalization of $246.93 million, a PE ratio of 5.50 and a beta of 0.68. The company’s fifty day moving average is $37.33 and its 200 day moving average is $35.77. iShares MSCI Turkey ETF has a 1-year low of $27.61 and a 1-year high of $41.50.

iShares MSCI Turkey ETF Company 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.