UBS Group AG Sells 27,304 Shares of iShares MSCI Turkey ETF $TUR

UBS Group AG decreased its position in iShares MSCI Turkey ETF (NASDAQ:TUR) by 11.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 210,896 shares of the exchange traded fund’s stock after selling 27,304 shares during the quarter. UBS Group AG’s holdings in iShares MSCI Turkey ETF were worth $7,259,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Osaic Holdings Inc. grew its stake in shares of 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 buying an additional 376 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of iShares MSCI Turkey ETF by 10.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 7,718 shares of the exchange traded fund’s stock valued at $249,000 after buying an additional 720 shares in the last quarter. V Square Quantitative Management LLC bought a new stake in shares of iShares MSCI Turkey ETF in the 4th quarter valued at approximately $26,000. Raymond James Financial Inc. bought a new stake in shares of iShares MSCI Turkey ETF in the 2nd quarter valued at approximately $47,000. Finally, Bank of America Corp DE grew its stake in shares of iShares MSCI Turkey ETF by 8.3% in the 2nd quarter. Bank of America Corp DE now owns 22,032 shares of the exchange traded fund’s stock valued at $711,000 after buying an additional 1,688 shares in the last quarter. Institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Stock Performance

Shares of NASDAQ TUR opened at $40.52 on Tuesday. The stock has a market cap of $243.12 million, a price-to-earnings ratio of 10.68 and a beta of 0.37. The business has a 50 day simple moving average of $40.67 and a 200 day simple moving average of $38.20. iShares MSCI Turkey ETF has a 52 week low of $29.64 and a 52 week high of $43.98.

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.