Click here to read the original article on ETFdb.com.
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- ETF Insider: Can The Bulls Hold On?
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- Turkey ETF Looks Delicious
The Turkey ETF Is Cooking
March 07, 2012 at 09:00 AM EST
Investors have been gradually increasing their risk appetite since the start of 2012 thanks to improving economic data and renewed optimism in the global recovery. Likewise, emerging markets are off to a strong start this year and one particular country-specific ETF has attracted serious interest from investors. The iShares MSCI Turkey Investable Market Index Fund (TUR) is up an impressive 20% year-to-date, and even more impressive are the trading volumes over the past few days [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. This ETF, which offers exposure to Turkish equity markets, has a three month average daily volume of around 290,000 shares; the noteworthy observation is that daily trading volumes in TUR have seen an exponential increase since last week. On 2/29/2012 daily trading volumes topped 1 million shares; the ETF traded over 1 million shares the next two trading days as well. [...] Click here to read the original article on ETFdb.com. Related Posts: ETF Insider: High Hopes, Big Gains ETF Insider: Can The Bulls Hold On? ETF Insider: Investors Shopping For Hope Direxion Fills Up Leveraged ETF Pipeline Turkey ETF Looks Delicious
Investors have been gradually increasing their risk appetite since the start of 2012 thanks to improving economic data and renewed optimism in the global recovery. Likewise, emerging markets are off to a strong start this year and one particular country-specific ETF has attracted serious interest from investors. The iShares MSCI Turkey Investable Market Index Fund (TUR) is up an impressive 20% year-to-date, and even more impressive are the trading volumes over the past few days [see also Doomsday Special: 7 Hard Asset Investments You Can Hold in Your Hand]. This ETF, which offers exposure to Turkish equity markets, has a three month average daily volume of around 290,000 shares; the noteworthy observation is that daily trading volumes in TUR have seen an exponential increase since last week. On 2/29/2012 daily trading volumes topped 1 million shares; the ETF traded over 1 million shares the next two trading days as well. [...]
