iShares MSCI Turkey ETF (NASDAQ:TUR) Shares Cross Below 200-Day Moving Average – Should You Sell?

iShares MSCI Turkey ETF (NASDAQ:TUR) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $35.84 and traded as low as $33.76. iShares MSCI Turkey ETF shares last traded at $33.97, with a volume of 83,622 shares.

iShares MSCI Turkey ETF Stock Up 0.9 %

The firm has a market cap of $183.44 million, a PE ratio of 5.50 and a beta of 0.68. The stock’s fifty day simple moving average is $35.86 and its two-hundred day simple moving average is $35.84.

iShares MSCI Turkey ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 20th. Stockholders of record on Tuesday, December 17th were issued a dividend of $0.146 per share. The ex-dividend date was Tuesday, December 17th.

Institutional Investors Weigh In On iShares MSCI Turkey ETF

A number of institutional investors have recently made changes to their positions in TUR. Spire Wealth Management purchased a new stake in shares of iShares MSCI Turkey ETF during the fourth quarter valued at approximately $50,000. Sunbelt Securities Inc. bought a new position in iShares MSCI Turkey ETF during the third quarter valued at approximately $186,000. Centiva Capital LP bought a new position in iShares MSCI Turkey ETF during the third quarter valued at approximately $287,000. Smart Portfolios LLC bought a new position in iShares MSCI Turkey ETF during the third quarter valued at approximately $331,000. Finally, KKM Financial LLC lifted its position in iShares MSCI Turkey ETF by 11.0% during the third quarter. KKM Financial LLC now owns 11,767 shares of the exchange traded fund’s stock valued at $428,000 after purchasing an additional 1,163 shares during the period. Hedge funds and other institutional investors own 44.58% of the company’s stock.

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.