Onyx Bridge Wealth Group LLC Makes New $1 Million Investment in iShares MSCI Turkey ETF (NASDAQ:TUR)

Onyx Bridge Wealth Group LLC acquired a new stake in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 31,080 shares of the exchange traded fund’s stock, valued at approximately $1,003,000. Onyx Bridge Wealth Group LLC owned approximately 0.57% of iShares MSCI Turkey ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in TUR. Arrowstreet Capital Limited Partnership bought a new stake in iShares MSCI Turkey ETF in the 1st quarter worth $12,857,000. BNP Paribas Arbitrage SA raised its holdings in shares of iShares MSCI Turkey ETF by 31.2% during the first quarter. BNP Paribas Arbitrage SA now owns 212,248 shares of the exchange traded fund’s stock valued at $4,394,000 after purchasing an additional 50,429 shares during the last quarter. Jane Street Group LLC grew its position in iShares MSCI Turkey ETF by 65.1% during the fourth quarter. Jane Street Group LLC now owns 188,619 shares of the exchange traded fund’s stock valued at $6,979,000 after buying an additional 74,365 shares during the period. State of Wisconsin Investment Board bought a new stake in iShares MSCI Turkey ETF during the second quarter valued at approximately $3,814,000. Finally, Bank of America Corp DE grew its position in iShares MSCI Turkey ETF by 35.2% during the first quarter. Bank of America Corp DE now owns 105,931 shares of the exchange traded fund’s stock valued at $2,192,000 after buying an additional 27,580 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

iShares MSCI Turkey ETF Trading Up 1.4 %

Shares of NASDAQ:TUR traded up $0.51 during midday trading on Friday, reaching $38.21. 54,930 shares of the company were exchanged, compared to its average volume of 127,337. The business’s fifty day moving average is $37.02 and its two-hundred day moving average is $35.70. iShares MSCI Turkey ETF has a one year low of $27.61 and a one year high of $39.76. The stock has a market cap of $227.35 million, a PE ratio of 5.23 and a beta of 0.68.

About iShares MSCI Turkey ETF

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.