TUR - iShares MSCI Turkey ETF

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
24.43
+0.47 (+1.96%)
At close: 4:00PM EDT
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Previous Close23.96
Open24.15
Bid24.35 x 1800
Ask24.68 x 800
Day's Range24.15 - 24.78
52 Week Range20.13 - 29.10
Volume993,835
Avg. Volume531,830
Net Assets348.04M
NAV23.97
PE Ratio (TTM)N/A
Yield2.50%
YTD Daily Total Return-0.33%
Beta (3Y Monthly)1.36
Expense Ratio (net)0.59%
Inception Date2008-03-26
Trade prices are not sourced from all markets
  • Barrons.com

    Turkey’s Economy Is Tanking. But Not Because of Donald Trump

    Trump has said on Twitter that he could ruin Turkey’s economy. But Turkey’s military activities in Syria took a fresh bite out of the country’s assets.

  • ETF Trends

    Turkey ETF Surges After Ankara Agrees to Pause Syria Incursion

    The Turkey country-specific ETF jumped Thursday after Ankara agreed on a ceasefire in northern Syria to allow Kurdish forces to retreat from the region. "Today the United States and Turkey have agreed to a ceasefire in Syria," US Vice-President Mike Pence told a news conference after more than four hours of talks at the presidential palace in Ankara, Reuters reports.

  • MarketWatch

    Turkey ETF jumps more than 4% as Ankara and Washington forge ceasefire in Syria

    A popular exchange traded fund Thursday afternoon added to its gains after Vice President Mike Pence said the U.S. and Turkey have agreed on a ceasefire in Syria. Speaking from Ankara, Pence said the ceasefire would last 120 hours and allow Kurdish fighters to withdraw from a safe-zone area. The iShares MSCI Turkey ETF gained nearly 4.1% Thursday afternoon in New York. Thursday's advance helped to push the Turkey-specific ETF, which gives investors exposure to the country's stock market, in to the green, producing a 0.6% weekly gain. Meanwhile, the Turkish lira rose 1.1% against the buck. A dollar last bought 5.8268 lira, according to FactSet data.

  • MarketWatch

    U.S. and Turkey agree on ceasefire in Syria, Pence announces

    Vice President Mike Pence said Thursday the U.S. and Turkey have agreed on a ceasefire in Syria. Pence and Secretary of State Mike Pompeo met with Turkish President Recep Tayyip Erdogan earlier in the day. Pence said in Ankara that the ceasefire would last 120 hours and allow Kurdish fighters to withdraw from a safe zone area. The iShares MSCI Turkey ETF rose more than 3% after Pence's announcement.

  • Investing.com

    NewsBreak: Lira, Turkish Assets Rise as Turkey Agrees to Ceasefire

    Investing.com – Turkish assets rose Thursday after Turkish President Recep Tayyip Erdogan agreed to a five-day ceasefire in Syria following a meeting with U.S. Vice President Mike Pence and Secretary of State Mike Pompeo.

  • Benzinga

    Turkey Tumult Again Brings Trouble For This ETF

    Amid fresh U.S. sanctions, the iShares MSCI Turkey ETF (NASDAQ: TUR) is in the spotlight again and not in a good way. On Monday, President Trump ordered a 50% tariff on Turkish steel imports to the U.S. while halting trade talks with the country. The $326.4 million TUR, which tracks the MSCI Turkey IMI 25/50 Index, is levered to that harsh move against Turkey's steelmakers because the fund devotes about a third of its weight to the industrial and materials sectors.

  • Turkey Turmoil Triggering Run on ETF Put Options
    Schaeffer's Investment Research

    Turkey Turmoil Triggering Run on ETF Put Options

    TUR is already pacing for its worst month in more than a year

  • Investing.com

    NewsBreak: Lira Falls as U.S. Threatens Sanctions on Turkey

    Investing.com – The lira and Turkish assets tumbled Friday after U.S. Treasury Secretary Mnuchin said U.S. President Donald Trump had authorized the Treasury Department to draw “very significant” new sanctions on Turkey

  • ETF Database

    Turkey ETF Still Vulnerable to Risks of US Sanctions

    Turkey country-specific ETF could continue to weaken as the country’s military actions into Syria persist if U.S. congressional leaders enact sanctions that would further weaken the lira currency and drag on the developing economy.

  • ETF Trends

    Turkey ETF Still Vulnerable to Risks of U.S. Sanctions

    Turkey country-specific ETF could continue to weaken as the country's military actions into Syria persist if U.S. congressional leaders enact sanctions that would further weaken the lira currency and drag on the developing economy. The iShares MSCI Turkey ETF (TUR) was flat Thursday after breaking below its long-term support at the 200-day simple moving average in the previous session. The lira currency, which previously suffered through a crisis a year ago partly as a result of U.S. sanctions and tariffs, dipped to its weakest level in almost four months after Ankara ordered attacks on Kurdish forces in northeast Syria, Reuters reports.

  • ETF Trends

    Pressure on Turkey ETF Mounts as Country Mobilizes Military

    Since Monday’s trading session, the  iShares MSCI Turkey ETF (TUR) has fallen 7% as the country begins to mobilize its armed forces in preparation for a military operation in Northern Syria. “Turkish Armed Forces together with the Syrian National Army against PKK / YPG and Deash terrorist organizations in northern Syria has started,” Erdogan wrote on Twitter. “Our aim is to destroy the terror corridor which is trying to be established on our southern border and to bring peace and peace to the region,” Erdogan tweeted.

  • MarketWatch

    Trump says U.S. does not endorse Turkey's operation in Syria

    President Donald Trump on Wednesday said the U.S. did not endorse Turkey's military operation in northern Syria, a move he called a "bad idea." Trump's decision to withdraw U.S. troops from Syria has been met with bipartisan criticism. The president threatened Monday to "totally destroy and obliterate" Turkey's economy if it took what he considered to be "off limits" actions. The iShares MSCI Turkey ETF was down 2.55%, following the beginning of the Turkish military offensive.

  • MarketWatch

    Turkey's ETF sinks 1.8% as Erdogan launches military strike in Syria

    A Turkey-focused exchange-traded fund was trading sharply lower Wednesday as Turkish President Recep Tayyip Erdogan kicked off a military offensive in Syria. The iShares MSCI Turkey ETF was down 1.8% in Wednesday trading and was on track to decline for three consecutive sessions, which would mark its longest losing skid since the five-session period ended Aug. 22, according to FactSet data. Turkey had long threatened an attack on the Kurdish fighters whom Ankara considers to terrorists.President Donald Trump agreed to withdraw U.S. troops from Syria and hand control to Turkey, leaving Syrian Kurds who helped the U.S. in a fight against Islamic State, vulnerable to Turkish attack. Meanwhile, Turkey's lira was down 0.5% against the U.S. dollar. The dollar last bought 5.8562, compared with 5.8317 lira late Tuesday in New York. --with Associated Press

  • ETF Database

    Turkey ETF Plunges as Ankara Readies Military Op in Syria

    The Turkey country-specific ETF plummeted Monday after Ankara announced an “air and ground military operation” into Syria and President Donald Trump threatened to “totally destroy and obliterate” Turkey’s economy if it took action considered to be “off-limits.”

  • ETF Trends

    Turkey ETF Plunges as Ankara Readies Military Operation in Syria

    President Recep Tayyip Erdogan has said Turkey will undergo an "air and ground military operation" east of the Euphrates River, Aljazeera reports. The operation aims to clear what Turkey considers "terrorists" from the border region.

  • 4 Country ETFs That Beat the Market in September
    Zacks

    4 Country ETFs That Beat the Market in September

    We highlight four top-performing country ETFs that beat the market in the last quarter. Any of these could be excellent plays for investors seeking to ride out the current market concerns.

  • ETF Trends

    Turkey ETF Surges on Hopes of a Turnaround in Banking Sector

    A Turkey country-specific exchange traded fund surged on huge volumes Friday as the emerging market gained renewed interest from international buyers and rallied on optimism over bank reforms. A bank analyst told Reuters that two funds bought large positions in the Turkish financial sector but did not identify them, adding that the decline interest rates contributed to the optimism. Turkey's lira currency also strengthened on signs that the central bank front-loaded interest rate cuts and that tensions with Washington were easing, Reuters reports.

  • Turkey ETF Beats S&P 500 in the Past Month: Here's How
    Zacks

    Turkey ETF Beats S&P 500 in the Past Month: Here's How

    Turkey???s central bank has enacted massive rate cuts in recent times. This has benefited the Turkey ETF materially.

  • ETF Trends

    8 ETFs to Take Advantage of the Next Emerging Economies

    The Next 11 or N-11–sounds like a science fiction movie sequel or a bigger-than-necessary boy band, but in fact, it represents the next 11 emerging economies dubbed by global investment firm Goldman Sachs. ...

  • Barrons.com

    Turkey Isn’t Following Argentina in a Meltdown. For Now.

    For a few days there, it looked like Argentina might start a trend toward emerging market financial meltdowns. Turkey’s currency, the lira, plunged 3% against the dollar on Aug. 19 and 20. “I would strongly emphasize that the best of Turkey’s recovery is over,” says Aaron Hurd, senior currency portfolio manager at State Street Global Advisors.

  • Market Exclusive

    Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off,

    Spanish, Portuguese Bonds Near 0% Yield Inverted yield curves, record amounts of debt yielding negative rates, and countries only a few years ago on the verge of bankruptcy yielding next to nothing. These are the signs of the beginning of a possible manic bubble phase of a nearly 40 year bond bull market now in […]The post Market Morning: Bond Bubble Reaches New Heights, Turkey Jails Mayors, Iran US Tanker Face Off, appeared first on Market Exclusive.

  • Top ETF Stories of July
    Zacks

    Top ETF Stories of July

    Fed rate cut optimism boost stocks in the month of July. We highlight the other investing stories that regulated the ETF world in the month.

  • Massive Rate Cut Puts Spotlight on Turkey ETF
    Zacks

    Massive Rate Cut Puts Spotlight on Turkey ETF

    Middle East's largest economy sees the biggest rate cut since 2002. We discuss the impact of this move on the country's ETF.

  • ETF Trends

    Latest Move by Turkey President to Fire Central Bank Official Shocks Investors

    President Tayyip Erdogan did no favors for Turkey investors after canning the country’s central bank chief over the weekend in order to install his own deputy as a replacement. The latest move sent the country's stock market index down 1% and its local currency, the lira, down 1.5%. “I wouldn’t say it’s a complete shock but it is definitely a surprise because it looked like the central bank was already on its way to cutting rates,” said Pictet Asset Management portfolio manager Guido Chamorro.