Waycross Investment Management Co Purchases 319 Shares of iShares MSCI Turkey ETF (NASDAQ:TUR)

Waycross Investment Management Co increased its position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) by 1.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 28,742 shares of the exchange traded fund’s stock after buying an additional 319 shares during the quarter. Waycross Investment Management Co owned about 0.56% of iShares MSCI Turkey ETF worth $1,046,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Rhumbline Advisers lifted its holdings in shares of iShares MSCI Turkey ETF by 4.8% in the second quarter. Rhumbline Advisers now owns 6,520 shares of the exchange traded fund’s stock valued at $274,000 after purchasing an additional 300 shares in the last quarter. Gallacher Capital Management LLC boosted its stake in shares of iShares MSCI Turkey ETF by 7.3% in the 2nd quarter. Gallacher Capital Management LLC now owns 32,136 shares of the exchange traded fund’s stock worth $1,350,000 after buying an additional 2,192 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in iShares MSCI Turkey ETF in the second quarter worth $541,000. V Square Quantitative Management LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at $31,000. Finally, Sepio Capital LP purchased a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at $2,599,000. Institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Trading Up 2.1 %

Shares of TUR stock traded up $0.70 during trading hours on Friday, hitting $34.40. 75,986 shares of the company were exchanged, compared to its average volume of 117,944. The stock has a market capitalization of $175.44 million, a price-to-earnings ratio of 5.50 and a beta of 0.68. The firm has a fifty day simple moving average of $37.50 and a 200 day simple moving average of $39.57. iShares MSCI Turkey ETF has a 52-week low of $31.55 and a 52-week high of $44.41.

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.