Stock traders buy high volume of put options on iShares MSCI Turkey ETF (NASDAQ:TUR)

iShares MSCI Turkey ETF (NASDAQ:TUR – Get Rating) was the target of unusually large options trades on Monday. Traders bought 5,561 put options on the company. This represents an increase of approximately 329% from the average daily volume of 1,297 puts.

Institutional investors weigh in on iShares MSCI Turkey ETF

Institutional investors have recently changed their stake in the company. Clear Street Markets LLC purchased a new stake in shares of iShares MSCI Turkey ETF during the second quarter at a value of $46,000. Simplex Trading LLC bought a new position in iShares MSCI Turkey ETF in Q2 worth approximately $419,000. Renaissance Technologies LLC bought a new position in iShares MSCI Turkey ETF in the first quarter for a value of approximately $460,000. Sumitomo Mitsui Trust Holdings Inc. increased its position in iShares MSCI Turkey ETF by 26.4% in the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 24,400 shares of the exchange-traded fund worth $505,000 after buying an additional 5,100 shares in the last quarter. Finally, SG Americas Securities LLC increased its position in iShares MSCI Turkey ETF by 118.7% in the first quarter. SG Americas Securities LLC now owns 25,298 shares of the exchange-traded fund worth $524,000 after purchasing an additional 13,732 shares in the last quarter.

iShares MSCI Turkey ETF trades up 0.9%

Shares of NASDAQ TUR rose $0.22 during Monday’s trading, hitting $24.86. The company had a trading volume of 307 shares, compared to an average volume of 306,096. iShares MSCI Turkey ETF has a 12-month low of $15.00 and a 12-month high of $26.42. The company’s 50-day moving average is $22.57 and its 200-day moving average is $21.27.

iShares MSCI Turkey ETF Company Profile

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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 generally correspond 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.

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