iShares Latin America 40 ETF (NYSEARCA:ILF) Shares Gap Down – What’s Next?

Shares of iShares Latin America 40 ETF (NYSEARCA:ILF – Get Free Report) gapped down prior to trading on Monday. The stock had previously closed at $37.70, but opened at $32.38. iShares Latin America 40 ETF shares last traded at $32.4760, with a volume of 1,105,794 shares trading hands.

iShares Latin America 40 ETF Stock Performance

The business’s 50-day moving average is $35.81 and its two-hundred day moving average is $35.18. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of 10.28 and a beta of 0.65.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Balance Wealth Partners LLC acquired a new stake in iShares Latin America 40 ETF during the 3rd quarter valued at $25,000. Integrated Wealth Concepts LLC bought a new stake in shares of iShares Latin America 40 ETF during the 2nd quarter worth about $29,000. Bangor Savings Bank bought a new stake in shares of iShares Latin America 40 ETF during the 3rd quarter worth about $38,000. Group One Trading LLC grew its stake in iShares Latin America 40 ETF by 1,640.0% in the 1st quarter. Group One Trading LLC now owns 1,740 shares of the company’s stock valued at $62,000 after buying an additional 1,640 shares during the last quarter. Finally, William Mack & Associates Inc. acquired a new position in iShares Latin America 40 ETF in the 3rd quarter valued at about $70,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Company Profile

(Get Free Report)

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).

Further Reading

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