Gallacher Capital Management LLC Has $919,000 Stock Position in iShares MSCI Turkey ETF (NASDAQ:TUR)

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

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

iShares MSCI Turkey ETF Trading Up 1.2 %

Shares of NASDAQ:TUR traded up $0.51 during trading on Friday, reaching $41.50. 85,711 shares of the stock were exchanged, compared to its average volume of 123,047. iShares MSCI Turkey ETF has a 12 month low of $27.61 and a 12 month high of $41.50. The firm has a market cap of $246.93 million, a PE ratio of 5.50 and a beta of 0.68. The stock has a 50-day moving average price of $37.33 and a 200-day moving average price of $35.77.

iShares MSCI Turkey ETF 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.