Geneos Wealth Management Inc. Buys Shares of 52,689 iShares MSCI Turkey ETF $TUR

by · The Markets Daily

Geneos Wealth Management Inc. purchased a new stake in iShares MSCI Turkey ETF (NASDAQ:TUR – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 52,689 shares of the exchange traded fund’s stock, valued at approximately $1,804,000. Geneos Wealth Management Inc. owned approximately 1.02% of iShares MSCI Turkey ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. City of London Investment Management Co. Ltd. grew its position in shares of iShares MSCI Turkey ETF by 8.9% in the second quarter. City of London Investment Management Co. Ltd. now owns 20,700 shares of the exchange traded fund’s stock valued at $668,000 after purchasing an additional 1,700 shares during the last quarter. Quadrature Capital Ltd lifted its stake in iShares MSCI Turkey ETF by 15.1% in the 2nd quarter. Quadrature Capital Ltd now owns 63,563 shares of the exchange traded fund’s stock valued at $2,051,000 after buying an additional 8,339 shares in the last quarter. SBI Securities Co. Ltd. grew its holdings in iShares MSCI Turkey ETF by 4.1% during the 2nd quarter. SBI Securities Co. Ltd. now owns 14,864 shares of the exchange traded fund’s stock valued at $480,000 after buying an additional 583 shares during the last quarter. Trek Financial LLC purchased a new position in iShares MSCI Turkey ETF during the second quarter worth $207,000. Finally, Osaic Holdings Inc. raised its holdings in shares of iShares MSCI Turkey ETF by 81.7% in the second quarter. Osaic Holdings Inc. now owns 836 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 376 shares during the last quarter. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Stock Up 0.3%

Shares of NASDAQ:TUR opened at $36.73 on Friday. The company has a market capitalization of $218.54 million, a P/E ratio of 10.68 and a beta of 0.48. iShares MSCI Turkey ETF has a 52-week low of $29.64 and a 52-week high of $38.55. The stock’s fifty day simple moving average is $34.27 and its 200-day simple moving average is $33.87.

iShares MSCI Turkey ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Shareholders of record on Tuesday, December 16th were issued a $0.3593 dividend. This represents a yield of 207.0%. The ex-dividend date was Tuesday, December 16th.

iShares MSCI Turkey ETF Company Profile

(Free Report)

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. As of September 7, 2012, the Fund invests in sectors, such as financials, consumer staples, industrials, telecommunication services, materials, consumer discretionary, energy, healthcare, utilities and information technology.

See Also

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