TUR - iShares MSCI Turkey ETF

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
24.65
-0.14 (-0.56%)
At close: 4:00PM EDT
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Previous Close24.79
Open24.82
Bid24.41 x 800
Ask24.76 x 800
Day's Range24.41 - 24.82
52 Week Range18.88 - 46.66
Volume851,350
Avg. Volume1,684,369
Net Assets451.37M
NAV23.95
PE Ratio (TTM)N/A
Yield4.33%
YTD Return-43.46%
Beta (3Y Monthly)1.45
Expense Ratio (net)0.62%
Inception Date2008-03-26
Trade prices are not sourced from all markets
  • Turkey ETF Surges Post Release of American Pastor
    Zacks3 days ago

    Turkey ETF Surges Post Release of American Pastor

    The Turkish Lira is recovering from its steep fall this year after the government recently announced a program to combat inflation and release of American pastor, putting TUR in focus.

  • ETF Trends4 days ago

    Turkey ETF Strengthens as Tensions Thaw with U.S.

    The Turkey ETF stood out among the emerging economies and was among the better performing areas of the market Monday as investors anticipate the developing market could rebound on softening tensions between Ankara and Washington D.C. Further supporting the Turkish markets, the lira currency was up 1.7% against the U.S. dollar to TRY5.8 after briefly touching a two-month high. Turkey's lira advanced for the second day after the release and return of a detained U.S. pastor, Andrew Bruson, whom triggered the recent strain in relations between Washington D.C. and Ankara.

  • Benzinga4 days ago

    Saudi Arabia Mixes Oil, Politics After Journalist's Disappearance Strains US Ties

    ISHARES Tr/MSCI SAUDI ARABIA E (NYSE: KSA) and the United States Oil Fund LP (NYSE: USO) dropped Monday after Saudi Arabia threatened the U.S. with “stronger” retaliation if sanctioned for the disappearance of Washington Post columnist and U.S. resident Jamal Khashoggi. Khashoggi, a journalist critical of the Saudi government, disappeared last week after a visit to the Saudi consulate in Istanbul, and Turkish officials soon accused Saudi agents of murder and dismemberment. The Saudi embassy to the U.S. said it was making no changes no changes to its policy of excluding oil from diplomatic negotiations, and the Saudi energy minister pledged stability in the oil market.

  • Market Exclusive10 days ago

    Market Morning: Treasuries Trashed, Oil in Red Zone, Netflix Buys A Studio

    All Eyes on Treasuries Thanks to Columbus Day’s ambiguous and confusing status as a semi-holiday for some markets but not for others, Wall Street was open yesterday but bond markets were closed in the US. That gave a day reprieve to the ongoing Treasury plunge. But the debt pits are opening up again today and […] The post Market Morning: Treasuries Trashed, Oil in Red Zone, Netflix Buys A Studio appeared first on Market Exclusive.

  • ETF Trends16 days ago

    Banks Remain a Sore Spot for Turkey ETF

    The often controversial and volatile iShares MSCI Turkey ETF (TUR) is up nearly 20% over the past month, a noteworthy rally for one of this year's worst-performing single-country emerging markets exchange traded funds. TUR is still down more than 45% year-to-date and the Turkish economy faces myriad challenges, including weakness in the banking sector. Turkey’s central bank has even hiked interest rates 6.25 percentage points to fight the rising inflation and support the weakening lira currency.

  • Benzinga16 days ago

    It Might Finally Be Time For Emerging Markets ETFs

    The signs remain somewhat faint, but some market observers believe those signs are mounting in favor of emerging markets resurgence. Plenty of exchange traded funds, including the iShares Core MSCI Emerging Markets ETF (NYSE: IEMG), would like for that thesis to be proven positive. A strong dollar, a tariff spate turned trade war with China and political volatility in some developing economies are among the factors hindering emerging markets equities and ETFs this year.

  • Higher Oil Prices to Spell Trouble for These Country ETFs
    Zacks18 days ago

    Higher Oil Prices to Spell Trouble for These Country ETFs

    These country ETFs may suffer due to high crude prices.

  • Top and Flop ETFs of September
    Zacks18 days ago

    Top and Flop ETFs of September

    Inside the winning and losing ETFs of September.

  • Top & Flop Zones of Q3 & Their ETFs
    Zacks18 days ago

    Top & Flop Zones of Q3 & Their ETFs

    Some corners of ETF investing have performed exceptionally well in the third quarter while some are lagging.

  • ETF Trends25 days ago

    Turkey ETF Rebounds on Hopes of Reconciliation with U.S.

    Turkey country-specific exchange traded fund surged Monday on hopes that an American pastor facing terrorism charges could be released, raising hopes that the row between Ankara and Washington could be resolved. The iShares MSCI Turkey ETF (TUR) advanced 4.4% Monday and was testing its short-term resistance at at the 50-day simple moving average. Bolstering Turkey's markets, the Turkish lira currency strengthened 2.5% to TRY6.1412 against the U.S. dollar.

  • Top Foreign ETFs of Q3
    Zacks25 days ago

    Top Foreign ETFs of Q3

    Inside the foreign ETFs that braved a host of issues in the third quarter and stayed in the green.

  • ETF Trends25 days ago

    Turkey ETF Still Has a Lot of Work to Do

    The iShares MSCI Turkey ETF (TUR) is up more than 4% this month, but that barely dents the exchange traded fund's year-to-date loss of more than 48%. The same is true of Turkey's economy, which is grappling with the effects of a slumping currency and rampant inflation. “This rate increase was a welcome and necessary first step towards exiting the ongoing Turkish lira crisis,” said Markit in a recent note.

  • EM ETFs: A Contrarian Bet or Value Trap?
    Zacks28 days ago

    EM ETFs: A Contrarian Bet or Value Trap?

    Should you buy EM ETFs after such steep selloffs or are these still risky?

  • Barrons.com28 days ago

    Stocks in Turkey Might be Ready for a Bounce — if You Hurry

    With the central bank having stabilized the lira, Turkish stocks may be ready to come off the floor. But you better be quick to get in — or get out.

  • Turkey ETF Surges Post Rate Hike
    Zackslast month

    Turkey ETF Surges Post Rate Hike

    The central bank of Turkey has hiked main interest rate by 6.25%, pushing TUR higher over the past week.

  • Divergence Trade Strong: Fund Managers Full Throttle on Stocks
    Market Realistlast month

    Divergence Trade Strong: Fund Managers Full Throttle on Stocks

    BAML (Bank of America Merrill Lynch) conducted a survey that polled 244 global investors with $742 billion in total assets under management from September 7–13. The divergence theme in equity markets was quite evident in the allocations in September. The equity allocations to emerging markets (EEM) fell to 10% underweight in September compared to 1% underweight in August.

  • Motley Foollast month

    The 3 Worst Single-Country ETFs So Far in 2018

    Learn why these funds are struggling -- and how they could bounce back.

  • ETF Trendslast month

    Are ETFs Vulnerable in Periods of Sharp Market Volatility?

    Societe Generale SA warned of potential liquidity risks in some ETF segments, notably those that track less liquid or smaller market categories. After stress-testing 16,000 stocks, the French bank argued that small-caps, dividend stocks and gold miners are acutely vulnerable in market pullbacks due to the outsized ownership of passive investments due to the lockstep nature of these types of investments, Bloomberg reports. “Crowdedness exists but is limited to a few stocks and strategies,” SocGen analysts led by Sebastien Lemaire wrote in a report last week.

  • What US Investors Need to Know about Emerging Market Risks
    Market Realistlast month

    What US Investors Need to Know about Emerging Market Risks

    Among the emerging market (VEU) currencies, the Argentinian peso, Turkish (TUR) lira, Indonesia rupiah, and Indian rupee are declining to all-time lows. The US dollar is also strengthening against all major currencies, including those of emerging markets. As the US dollar strengthens and interest rates rise, the cost of servicing US debt for other countries goes up.

  • ETF Trendslast month

    Turkey ETF Jumps as Central Bank Sharply Hikes Rates

    The Turkey country-specific ETF climbed Thursday after the Central Bank of the Republic of Turkey aggressively hiked interest rates by 6.25 percentage points in a bid to clamp down on runaway inflation and prop up its lira currency. Defying President Recep Tayyip Erdogan’s demand to keep rates low, the central bank raised its main interest rate to 24% from 17.75% due to concerns over price stability and argued it would tightly monitor monetary policy until the inflation outlook improves significantly, the Wall Street Journal reports.

  • ETF Trendslast month

    Investors Are Jittery About Emerging Markets

    The strong dollar, political volatility in Brazil, trade wars with China and chaos in Turkey are among the factors punishing emerging markets assets this year. Year-to-date, the widely followed MSCI Emerging Markets Index is lower by 12.50%. This year, investors have yanked $5.12 billion from the iShares MSCI Emerging Markets ETF (EEM) , which tries to reflect the performance of the benchmark MSCI Emerging Markets Index.

  • The Wall Street Journallast month

    [$$] Turkey ETF Draws Optimists

    Some investors are seeing the recent instability in Turkey as a buying opportunity, with many piling into the $386 million iShares MSCI Turkey ETF (TUR). Turmoil in Turkey has pushed down the Turkish lira and unsettled the emerging markets. A political tussle between the U.S. and Turkey in mid-August dealt another blow to the Turkish economy.

  • Are All of 'Fragile Five' EM ETFs Equally Frail?
    Zackslast month

    Are All of 'Fragile Five' EM ETFs Equally Frail?

    The operating backdrop for fragile five emerging market ETFs looks tough in the near term.

  • Cramer: Beware the bears' warnings on global markets—they...
    CNBC Videos16 days ago

    Cramer: Beware the bears' warnings on global markets—they...

    Jim Cramer warns investors not to take market pessimists too seriously when they warn that financial trouble overseas could affect U.S. stocks.

  • Beware bears' warnings on global markets, which could lea...
    CNBC Videos16 days ago

    Beware bears' warnings on global markets, which could lea...

    Jim Cramer warns investors not to take market pessimists too seriously when they warn that financial trouble overseas could affect U.S. stocks.