iShares Latin America 40 ETF $ILF Stock Position Lowered by Gallacher Capital Management LLC

Gallacher Capital Management LLC reduced its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 35.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,949 shares of the company’s stock after selling 18,463 shares during the period. iShares Latin America 40 ETF comprises approximately 1.0% of Gallacher Capital Management LLC’s holdings, making the stock its 21st largest position. Gallacher Capital Management LLC’s holdings in iShares Latin America 40 ETF were worth $1,171,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in ILF. Hsbc Holdings PLC boosted its stake in 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 purchased a new position in iShares Latin America 40 ETF during the 3rd quarter worth approximately $36,835,000. Bank of Nova Scotia grew its position in 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 in the last quarter. Bank of America Corp DE grew its position in 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 in the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new stake in iShares Latin America 40 ETF during the 3rd quarter valued at $17,619,000. Institutional investors and hedge funds own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Down 1.3%

Shares of NYSEARCA:ILF opened at $31.84 on Wednesday. The company’s fifty day moving average is $35.65 and its two-hundred day moving average is $35.19. The company has a market cap of $3.33 billion, a P/E ratio of 10.28 and a beta of 0.71. iShares Latin America 40 ETF has a 12-month low of $29.08 and a 12-month high of $38.50.

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).