Raffles Associates LP purchased a new position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) in the 3rd quarter, HoldingsChannel reports. The firm purchased 25,000 shares of the exchange traded fund’s stock, valued at approximately $595,000.

Other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC raised its stake in shares of iShares MSCI Turkey ETF by 106.0% during the third quarter. Global Retirement Partners LLC now owns 7,923 shares of the exchange traded fund’s stock worth $189,000 after purchasing an additional 4,076 shares during the last quarter. Global Endowment Management LP purchased a new stake in shares of iShares MSCI Turkey ETF during the third quarter worth approximately $238,000. FNY Investment Advisers LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the third quarter worth approximately $240,000. Verition Fund Management LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the second quarter worth approximately $422,000. Finally, SG Americas Securities LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the third quarter worth approximately $340,000.

Separately, ValuEngine raised iShares MSCI Turkey ETF from a “sell” rating to a “hold” rating in a report on Thursday, November 1st.

TUR stock traded up $0.15 on Thursday, reaching $24.93. 3,700 shares of the company’s stock were exchanged, compared to its average volume of 833,561. iShares MSCI Turkey ETF has a twelve month low of $18.88 and a twelve month high of $46.66.

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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.

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Want to see what other hedge funds are holding TUR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares MSCI Turkey ETF (NASDAQ:TUR).

Institutional Ownership by Quarter for iShares MSCI Turkey ETF (NASDAQ:TUR)

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