Cabana LLC Trims Stake in iShares Latin America 40 ETF (NYSEARCA:ILF)

Cabana LLC decreased its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 26.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,196 shares of the company’s stock after selling 5,713 shares during the quarter. iShares Latin America 40 ETF comprises approximately 2.3% of Cabana LLC’s investment portfolio, making the stock its 10th largest position. Cabana LLC’s holdings in iShares Latin America 40 ETF were worth $420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Professional Financial Advisors LLC increased its holdings in iShares Latin America 40 ETF by 22.5% in the second quarter. Professional Financial Advisors LLC now owns 30,452 shares of the company’s stock worth $754,000 after purchasing an additional 5,598 shares in the last quarter. Banco Santander S.A. lifted its position in shares of iShares Latin America 40 ETF by 10.5% during the 1st quarter. Banco Santander S.A. now owns 330,875 shares of the company’s stock valued at $9,410,000 after acquiring an additional 31,489 shares during the period. Gold Investment Management Ltd. boosted its stake in iShares Latin America 40 ETF by 108.3% during the first quarter. Gold Investment Management Ltd. now owns 9,935 shares of the company’s stock worth $283,000 after acquiring an additional 5,165 shares in the last quarter. International Assets Investment Management LLC bought a new position in iShares Latin America 40 ETF during the second quarter worth $64,000. Finally, Cambridge Investment Research Advisors Inc. grew its holdings in iShares Latin America 40 ETF by 7.4% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 273,117 shares of the company’s stock worth $6,762,000 after purchasing an additional 18,915 shares during the period.

iShares Latin America 40 ETF Stock Performance

Shares of NYSEARCA ILF traded down $0.41 during trading on Friday, hitting $24.19. 1,474,711 shares of the company traded hands, compared to its average volume of 1,142,339. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 6.01 and a beta of 0.92. The business’s fifty day moving average is $25.61 and its 200 day moving average is $25.98. iShares Latin America 40 ETF has a fifty-two week low of $22.51 and a fifty-two week high of $29.83.

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.