Geneos Wealth Management Inc. Purchases Shares of 52,689 iShares MSCI Turkey ETF $TUR

Geneos Wealth Management Inc. acquired a new position in shares of iShares MSCI Turkey ETF (NASDAQ:TUR) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 52,689 shares of the exchange traded fund’s stock, valued at approximately $1,804,000.

Several other large investors have also made changes to their positions in the company. Group One Trading LLC grew its position in iShares MSCI Turkey ETF by 290.7% during the second quarter. Group One Trading LLC now owns 18,614 shares of the exchange traded fund’s stock valued at $600,000 after acquiring an additional 13,850 shares during the period. Royal Bank of Canada raised its holdings in shares of iShares MSCI Turkey ETF by 166.0% in the 1st quarter. Royal Bank of Canada now owns 14,612 shares of the exchange traded fund’s stock worth $479,000 after purchasing an additional 9,118 shares during the period. Quadrature Capital Ltd lifted its stake in shares of iShares MSCI Turkey ETF by 15.1% in the 2nd quarter. Quadrature Capital Ltd now owns 63,563 shares of the exchange traded fund’s stock valued at $2,051,000 after purchasing an additional 8,339 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of iShares MSCI Turkey ETF during the 1st quarter worth about $230,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of iShares MSCI Turkey ETF during the 2nd quarter worth about $207,000. 44.58% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Turkey ETF Stock Performance

NASDAQ TUR opened at $36.73 on Friday. iShares MSCI Turkey ETF has a one year low of $29.64 and a one year high of $38.55. The company’s 50 day moving average price is $34.27 and its 200 day moving average price is $33.87. The firm has a market capitalization of $218.54 million, a price-to-earnings ratio of 10.68 and a beta of 0.48.

iShares MSCI Turkey ETF Announces Dividend

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

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. 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.