Marvin & Palmer Associates Inc. Acquires Shares of 69,050 iShares Latin America 40 ETF $ILF

Marvin & Palmer Associates Inc. bought a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 69,050 shares of the company’s stock, valued at approximately $2,103,000. iShares Latin America 40 ETF accounts for about 1.5% of Marvin & Palmer Associates Inc.’s portfolio, making the stock its 25th largest position.

A number of other institutional investors have also recently modified their holdings of the business. LPL Financial LLC grew its position in shares of iShares Latin America 40 ETF by 81.2% during the 4th quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after acquiring an additional 518,704 shares during the period. New Harbor Financial Group LLC grew its position in shares of iShares Latin America 40 ETF by 3.9% during the 3rd quarter. New Harbor Financial Group LLC now owns 1,001,885 shares of the company’s stock valued at $28,944,000 after acquiring an additional 37,880 shares during the period. OVERSEA CHINESE BANKING Corp Ltd acquired a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at about $27,320,000. Bank of America Corp DE grew its position in shares of iShares Latin America 40 ETF by 79.6% during the 3rd quarter. Bank of America Corp DE now owns 777,310 shares of the company’s stock valued at $22,456,000 after acquiring an additional 344,491 shares during the period. Finally, Marks Wealth LLC acquired a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at about $20,700,000. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Trading Up 1.3%

ILF stock opened at $33.22 on Wednesday. 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 $4.53 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. The business’s 50-day moving average is $35.81 and its 200 day moving average is $34.18.

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).