Northwestern Mutual Wealth Management Co. Increases Stock Position in iShares Latin America 40 ETF $ILF

Northwestern Mutual Wealth Management Co. grew its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 63.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,361 shares of the company’s stock after purchasing an additional 16,096 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in iShares Latin America 40 ETF were worth $1,259,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. New Harbor Financial Group LLC grew its position in iShares Latin America 40 ETF by 3.9% during the third quarter. New Harbor Financial Group LLC now owns 1,001,885 shares of the company’s stock valued at $28,944,000 after buying an additional 37,880 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new position in iShares Latin America 40 ETF during the fourth quarter valued at about $27,320,000. Bank of America Corp DE grew its position in iShares Latin America 40 ETF by 79.6% during the third quarter. Bank of America Corp DE now owns 777,310 shares of the company’s stock valued at $22,456,000 after buying an additional 344,491 shares during the period. Marks Wealth LLC bought a new position in iShares Latin America 40 ETF during the fourth quarter valued at about $20,700,000. Finally, HighTower Advisors LLC grew its position in iShares Latin America 40 ETF by 24.8% during the fourth quarter. HighTower Advisors LLC now owns 658,396 shares of the company’s stock valued at $20,048,000 after buying an additional 130,929 shares during the period. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

ILF opened at $33.14 on Monday. The firm has a market cap of $4.52 billion, a P/E ratio of 10.28 and a beta of 0.68. The firm has a 50-day moving average of $35.85 and a 200 day moving average of $34.14. iShares Latin America 40 ETF has a fifty-two week low of $24.67 and a fifty-two week high of $38.50.

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).