Fortis Group Advisors LLC Makes New $1.87 Million Investment in iShares Latin America 40 ETF $ILF

Fortis Group Advisors LLC acquired a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the 4th quarter, HoldingsChannel reports. The firm acquired 61,371 shares of the company’s stock, valued at approximately $1,869,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Game Plan Financial Advisors LLC purchased a new stake in iShares Latin America 40 ETF in the 4th quarter worth approximately $36,000. Private Trust Co. NA lifted its position in shares of iShares Latin America 40 ETF by 61.4% in the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after purchasing an additional 726 shares during the period. IFP Advisors Inc lifted its position in shares of iShares Latin America 40 ETF by 1,095.3% in the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after purchasing an additional 2,103 shares during the period. Comerica Bank lifted its position in shares of iShares Latin America 40 ETF by 258.0% in the 1st quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after purchasing an additional 2,188 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in shares of iShares Latin America 40 ETF in the 4th quarter worth about $94,000. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Trading Up 1.9%

NYSEARCA:ILF opened at $35.03 on Thursday. The company has a 50-day moving average price of $35.67 and a 200-day moving average price of $33.76. iShares Latin America 40 ETF has a 12 month low of $24.67 and a 12 month high of $38.50. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of 10.28 and a beta of 0.70.

iShares Latin America 40 ETF Company Profile

iShares S & P Latin America 40 Index Fund, formerly iShares Latin America 40 ETF (the Fund), is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Latin America 40 (the Index). The Index consists of selected equities trading on the exchanges of five Latin American countries. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).