Bank of New York Mellon Corp Sells 6,194 Shares of iShares MSCI Turkey ETF (NASDAQ:TUR)

Bank of New York Mellon Corp trimmed its stake in iShares MSCI Turkey ETF (NASDAQ:TUR) by 20.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,325 shares of the exchange traded fund’s stock after selling 6,194 shares during the period. Bank of New York Mellon Corp owned about 0.42% of iShares MSCI Turkey ETF worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. V Square Quantitative Management LLC purchased a new stake in shares of iShares MSCI Turkey ETF in the second quarter valued at approximately $31,000. Triumph Capital Management bought a new stake in iShares MSCI Turkey ETF during the 1st quarter valued at $468,000. BNP Paribas Financial Markets raised its position in iShares MSCI Turkey ETF by 64.6% during the 4th 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 in the last quarter. Gallacher Capital Management LLC lifted its holdings in shares of iShares MSCI Turkey ETF by 5.2% in the 1st quarter. Gallacher Capital Management LLC now owns 29,944 shares of the exchange traded fund’s stock worth $1,076,000 after buying an additional 1,473 shares during the period. Finally, Onyx Bridge Wealth Group LLC grew its position in shares of iShares MSCI Turkey ETF by 2.7% during the 1st quarter. Onyx Bridge Wealth Group LLC now owns 31,906 shares of the exchange traded fund’s stock worth $1,266,000 after buying an additional 826 shares in the last quarter. 44.58% of the stock is currently owned by institutional investors.

iShares MSCI Turkey ETF Trading Down 1.3 %

Shares of iShares MSCI Turkey ETF stock opened at $37.29 on Friday. The stock’s fifty day moving average price is $38.98 and its 200-day moving average price is $39.58. The firm has a market cap of $214.42 million, a P/E ratio of 5.50 and a beta of 0.68. iShares MSCI Turkey ETF has a 12 month low of $31.55 and a 12 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.