First Trust Advisors LP Takes Position in iShares Latin America 40 ETF $ILF

First Trust Advisors LP purchased a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the 1st quarter, Holdings Channel reports. The fund purchased 84,795 shares of the company’s stock, valued at approximately $3,012,000.

Several other hedge funds have also recently bought and sold shares of ILF. Comerica Bank boosted its position in iShares Latin America 40 ETF by 258.0% during 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 acquired a new position in shares of iShares Latin America 40 ETF in the 1st quarter valued at about $5,240,000. Flow Traders U.S. LLC acquired a new position in shares of iShares Latin America 40 ETF in the 2nd quarter valued at about $285,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new stake in shares of iShares Latin America 40 ETF in the second quarter worth approximately $9,893,000. Finally, Quantinno Capital Management LP lifted its position 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 worth $2,334,000 after purchasing an additional 21,958 shares in the last quarter. 45.01% of the stock is owned by hedge funds and other institutional investors.

iShares Latin America 40 ETF Stock Performance

ILF stock opened at $34.91 on Friday. The firm has a 50 day simple moving average of $34.23 and a 200 day simple moving average of $35.15. iShares Latin America 40 ETF has a 52 week low of $25.51 and a 52 week high of $38.50. The stock has a market cap of $3.80 billion, a P/E ratio of 10.28 and a beta of 0.68.

About iShares Latin America 40 ETF

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).