iShares Latin America 40 ETF $ILF Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) in the 3rd quarter, Holdings Channel.com reports. The fund purchased 99,144 shares of the company’s stock, valued at approximately $3,420,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its holdings in shares of iShares Latin America 40 ETF by 8,903.8% in the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after purchasing an additional 2,439,632 shares during the period. New Harbor Financial Group LLC acquired a new position in shares of iShares Latin America 40 ETF in the 3rd quarter valued at about $36,835,000. Bank of Nova Scotia grew its holdings in shares of iShares Latin America 40 ETF by 149.9% during the 1st quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock worth $39,332,000 after purchasing an additional 664,200 shares during the period. Bank of America Corp DE grew its holdings in shares of iShares Latin America 40 ETF by 28.4% during the 1st quarter. Bank of America Corp DE now owns 2,506,803 shares of the company’s stock worth $89,042,000 after purchasing an additional 554,633 shares during the period. Finally, Royal Bank of Canada grew its holdings in shares of iShares Latin America 40 ETF by 219.5% during the 1st quarter. Royal Bank of Canada now owns 679,731 shares of the company’s stock worth $24,143,000 after purchasing an additional 467,007 shares during the period. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Stock Performance

ILF opened at $32.13 on Friday. iShares Latin America 40 ETF has a 1 year low of $29.08 and a 1 year high of $38.50. The firm has a 50 day moving average price of $35.76 and a 200 day moving average price of $35.19. The company has a market cap of $3.38 billion, a PE ratio of 10.28 and a beta of 0.65.

iShares Latin America 40 ETF 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).