Bank of New York Mellon Corp Sells 5,677 Shares of iShares MSCI Turkey ETF (NASDAQ:TUR)

Bank of New York Mellon Corp decreased its stake in iShares MSCI Turkey ETF (NASDAQ:TUR) by 17.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,922 shares of the exchange traded fund’s stock after selling 5,677 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.50% of iShares MSCI Turkey ETF worth $965,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of TUR. BNP Paribas Financial Markets boosted its position in iShares MSCI Turkey ETF by 1,758.2% in the third quarter. BNP Paribas Financial Markets now owns 12,524 shares of the exchange traded fund’s stock valued at $456,000 after buying an additional 11,850 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in shares of iShares MSCI Turkey ETF in the 3rd quarter worth approximately $627,000. Centiva Capital LP bought a new stake in iShares MSCI Turkey ETF during the 3rd quarter worth approximately $287,000. Sunbelt Securities Inc. acquired a new stake in iShares MSCI Turkey ETF during the 3rd quarter valued at $186,000. Finally, Sanctuary Advisors LLC boosted its stake in iShares MSCI Turkey ETF by 54.3% in the third quarter. Sanctuary Advisors LLC now owns 30,840 shares of the exchange traded fund’s stock worth $1,113,000 after purchasing an additional 10,851 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

iShares MSCI Turkey ETF Stock Performance

Shares of NASDAQ:TUR opened at $32.63 on Wednesday. The business has a fifty day moving average of $35.51 and a 200-day moving average of $35.52. The firm has a market cap of $176.20 million, a PE ratio of 12.14 and a beta of 0.68. iShares MSCI Turkey ETF has a twelve month low of $30.29 and a twelve month high of $44.41.

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.