Hsbc Holdings PLC Sells 277,174 Shares of iShares Latin America 40 ETF $ILF

Hsbc Holdings PLC trimmed its holdings in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 91.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 27,400 shares of the company’s stock after selling 277,174 shares during the period. Hsbc Holdings PLC’s holdings in iShares Latin America 40 ETF were worth $834,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its stake in shares of iShares Latin America 40 ETF by 0.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 38,294 shares of the company’s stock worth $1,166,000 after acquiring an additional 288 shares in the last quarter. Verus Financial Partners Inc. raised its stake in shares of iShares Latin America 40 ETF by 2.0% in the 4th quarter. Verus Financial Partners Inc. now owns 16,204 shares of the company’s stock valued at $493,000 after acquiring an additional 311 shares in the last quarter. Trexquant Investment LP raised its stake in shares of iShares Latin America 40 ETF by 2.5% in the 4th quarter. Trexquant Investment LP now owns 13,026 shares of the company’s stock valued at $397,000 after acquiring an additional 314 shares in the last quarter. Schroder Investment Management Group lifted its holdings in iShares Latin America 40 ETF by 0.4% in the 4th quarter. Schroder Investment Management Group now owns 93,799 shares of the company’s stock worth $2,875,000 after purchasing an additional 362 shares during the last quarter. Finally, Gold Investment Management Ltd. lifted its holdings in iShares Latin America 40 ETF by 3.5% in the 4th quarter. Gold Investment Management Ltd. now owns 12,154 shares of the company’s stock worth $370,000 after purchasing an additional 413 shares during the last quarter. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Stock Up 1.8%

Shares of iShares Latin America 40 ETF stock opened at $34.71 on Wednesday. iShares Latin America 40 ETF has a 12-month low of $24.67 and a 12-month high of $38.50. The stock has a 50 day moving average price of $34.44 and a two-hundred day moving average price of $34.74. The stock has a market capitalization of $3.77 billion, a P/E ratio of 10.28 and a beta of 0.68.

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).