Lmcg Investments LLC Makes New Investment in iShares Latin America 40 ETF $ILF

Lmcg Investments LLC acquired a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the 3rd quarter, HoldingsChannel reports. The fund acquired 198,353 shares of the company’s stock, valued at approximately $6,843,000.

Several other institutional investors have also modified their holdings of the stock. Bank of America Corp DE increased its stake in shares of iShares Latin America 40 ETF by 28.4% during the first 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 in the last quarter. Hsbc Holdings PLC raised its position in shares of iShares Latin America 40 ETF by 8,903.8% during 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 last quarter. Bank of Nova Scotia lifted its stake in iShares Latin America 40 ETF by 149.9% in the 1st quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock valued at $39,332,000 after buying an additional 664,200 shares in the last quarter. Journey Advisory Group LLC boosted its holdings in iShares Latin America 40 ETF by 46.2% in the 1st quarter. Journey Advisory Group LLC now owns 801,157 shares of the company’s stock worth $28,457,000 after buying an additional 253,156 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in iShares Latin America 40 ETF by 219.5% in the 1st quarter. Royal Bank of Canada now owns 679,731 shares of the company’s stock worth $24,143,000 after buying an additional 467,007 shares during the last quarter. Institutional investors and hedge funds own 45.01% of the company’s stock.

iShares Latin America 40 ETF Trading Down 0.5%

NYSEARCA:ILF opened at $37.85 on Thursday. iShares Latin America 40 ETF has a 12 month low of $28.13 and a 12 month high of $38.50. The stock has a 50 day moving average of $35.71 and a two-hundred day moving average of $35.29. The firm has a market cap of $4.13 billion, a P/E ratio of 10.28 and a beta of 0.65.

iShares Latin America 40 ETF Company 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).