Stratos Wealth Advisors LLC Takes $419,000 Position in iShares MSCI Turkey ETF $TUR

Stratos Wealth Advisors LLC purchased a new position in iShares MSCI Turkey ETF (NASDAQ:TUR) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 12,250 shares of the exchange traded fund’s stock, valued at approximately $419,000.

Other large investors have also recently made changes to their positions in the company. Osaic Holdings Inc. raised its stake in iShares MSCI Turkey ETF by 81.7% in the 2nd quarter. Osaic Holdings Inc. now owns 836 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 376 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of iShares MSCI Turkey ETF in the second quarter valued at about $47,000. Trek Financial LLC purchased a new position in shares of iShares MSCI Turkey ETF in the second quarter worth about $207,000. JPMorgan Chase & Co. acquired a new position in iShares MSCI Turkey ETF during the second quarter worth about $207,000. Finally, Financial & Tax Architects LLC acquired a new position in iShares MSCI Turkey ETF during the third quarter worth about $234,000. 44.58% of the stock is currently owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Trading Up 0.7%

TUR stock opened at $42.22 on Friday. The firm has a 50-day moving average of $37.52 and a two-hundred day moving average of $35.19. iShares MSCI Turkey ETF has a 12 month low of $29.64 and a 12 month high of $42.35. The company has a market cap of $350.43 million, a price-to-earnings ratio of 10.68 and a beta of 0.48.

iShares MSCI Turkey ETF Dividend Announcement

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

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. 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.