Royal Bank of Canada Has $24.14 Million Position in iShares Latin America 40 ETF $ILF

Royal Bank of Canada increased its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 219.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 679,731 shares of the company’s stock after buying an additional 467,007 shares during the quarter. Royal Bank of Canada owned 0.50% of iShares Latin America 40 ETF worth $24,143,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 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 acquiring an additional 2,188 shares during the period. Millennium Management LLC bought a new stake in shares of iShares Latin America 40 ETF during the first quarter valued at approximately $5,240,000. Flow Traders U.S. LLC bought a new stake in shares of iShares Latin America 40 ETF during the second quarter valued at approximately $285,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main acquired a new position in shares of iShares Latin America 40 ETF in the second quarter valued at $9,893,000. Finally, Quantinno Capital Management LP raised its stake in shares of iShares Latin America 40 ETF by 32.7% in the second quarter. Quantinno Capital Management LP now owns 89,059 shares of the company’s stock valued at $2,334,000 after purchasing an additional 21,958 shares in the last quarter. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Price Performance

Shares of ILF stock opened at $35.09 on Thursday. iShares Latin America 40 ETF has a one year low of $25.37 and a one year high of $38.50. The stock has a fifty day moving average price of $34.23 and a 200 day moving average price of $35.13. The stock has a market cap of $3.82 billion, a P/E ratio of 10.28 and a beta of 0.68.

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).