EFG Asset Management Americas Corp. Increases Stock Position in iShares Latin America 40 ETF $ILF

EFG Asset Management Americas Corp. increased its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 51.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 105,989 shares of the company’s stock after buying an additional 35,978 shares during the period. EFG Asset Management Americas Corp.’s holdings in iShares Latin America 40 ETF were worth $3,062,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in ILF. Sound Income Strategies LLC grew its position in iShares Latin America 40 ETF by 35.7% during the third quarter. Sound Income Strategies LLC now owns 2,553 shares of the company’s stock valued at $71,000 after acquiring an additional 671 shares during the period. Comerica Bank lifted its stake in shares of iShares Latin America 40 ETF by 258.0% in the 1st quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after purchasing an additional 2,188 shares in the last quarter. Lowe Wealth Advisors LLC lifted its stake in shares of iShares Latin America 40 ETF by 121.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 5,178 shares of the company’s stock valued at $150,000 after purchasing an additional 2,837 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of iShares Latin America 40 ETF by 633.2% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 5,836 shares of the company’s stock worth $169,000 after purchasing an additional 5,040 shares during the period. Finally, SBI Securities Co. Ltd. increased its position in iShares Latin America 40 ETF by 48.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,624 shares of the company’s stock worth $174,000 after purchasing an additional 2,154 shares in the last quarter. Institutional investors and hedge funds own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

NYSEARCA ILF opened at $33.15 on Friday. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90. iShares Latin America 40 ETF has a one year low of $20.97 and a one year high of $37.42. The company’s 50 day moving average price is $34.82 and its 200 day moving average price is $31.25.

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).