Stock Traders Purchase High Volume of iShares MSCI Turkey ETF Call Options (NASDAQ:TUR)

iShares MSCI Turkey ETF (NASDAQ:TUR) saw unusually large options trading on Tuesday. Stock investors bought 14,195 call options on the stock. This represents an increase of approximately 1,347% compared to the average daily volume of 981 call options.

iShares MSCI Turkey ETF Trading Up 0.5%

iShares MSCI Turkey ETF stock traded up $0.22 during trading hours on Tuesday, reaching $41.98. 151,731 shares of the company were exchanged, compared to its average volume of 370,417. The stock has a 50-day moving average of $38.38 and a 200 day moving average of $35.54. iShares MSCI Turkey ETF has a 12 month low of $29.64 and a 12 month high of $42.67. The firm has a market cap of $348.39 million, a price-to-earnings ratio of 10.68 and a beta of 0.48.

iShares MSCI Turkey ETF Announces Dividend

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

Institutional Trading of iShares MSCI Turkey ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. V Square Quantitative Management LLC bought a new position in iShares MSCI Turkey ETF during the 4th quarter valued at $26,000. Osaic Holdings Inc. lifted its stake in iShares MSCI Turkey ETF by 81.7% during the 2nd quarter. Osaic Holdings Inc. now owns 836 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 376 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter valued at about $47,000. Align Financial LLC bought a new stake in shares of iShares MSCI Turkey ETF in the fourth quarter worth approximately $59,000. Finally, Triumph Capital Management bought a new position in iShares MSCI Turkey ETF during the third quarter valued at approximately $131,000. 44.58% of the stock is currently owned by institutional investors and hedge funds.

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.