Trek Financial LLC Makes New Investment in iShares Latin America 40 ETF $ILF

Trek Financial LLC acquired a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 450,999 shares of the company’s stock, valued at approximately $13,733,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fortis Capital Advisors LLC acquired a new stake in iShares Latin America 40 ETF in the 3rd quarter worth about $1,802,000. Kera Capital Partners Inc. raised its stake in iShares Latin America 40 ETF by 8.1% in the 3rd quarter. Kera Capital Partners Inc. now owns 289,154 shares of the company’s stock worth $8,354,000 after purchasing an additional 21,701 shares in the last quarter. Brookstone Capital Management acquired a new stake in iShares Latin America 40 ETF in the 4th quarter worth about $2,108,000. Consolidated Portfolio Review Corp acquired a new stake in iShares Latin America 40 ETF in the 3rd quarter worth about $675,000. Finally, Banco Santander S.A. raised its stake in iShares Latin America 40 ETF by 57.5% in the 3rd quarter. Banco Santander S.A. now owns 183,454 shares of the company’s stock worth $5,300,000 after purchasing an additional 66,969 shares in the last quarter. Institutional investors and hedge funds own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Down 0.5%

Shares of iShares Latin America 40 ETF stock opened at $36.23 on Tuesday. iShares Latin America 40 ETF has a twelve month low of $24.67 and a twelve month high of $38.50. The company has a 50-day simple moving average of $35.66 and a two-hundred day simple moving average of $33.46. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 10.28 and a beta of 0.70.

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).