Richardson Financial Services Inc. Purchases 18,681 Shares of iShares Latin America 40 ETF $ILF

Richardson Financial Services Inc. purchased a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) in the third quarter, Holdings Channel.com reports. The firm purchased 18,681 shares of the company’s stock, valued at approximately $644,000.

A number of other hedge funds have also recently made changes to their positions in the company. Balance Wealth Partners LLC bought a new position in shares of iShares Latin America 40 ETF in the third quarter worth $25,000. Integrated Wealth Concepts LLC bought a new stake in iShares Latin America 40 ETF during the second quarter valued at $29,000. Bangor Savings Bank bought a new stake in iShares Latin America 40 ETF during the third quarter valued at $38,000. Group One Trading LLC boosted its stake in iShares Latin America 40 ETF by 1,640.0% during the first quarter. Group One Trading LLC now owns 1,740 shares of the company’s stock valued at $62,000 after buying an additional 1,640 shares during the period. Finally, William Mack & Associates Inc. purchased a new position in iShares Latin America 40 ETF during the third quarter worth about $70,000. 45.01% of the stock is currently owned by hedge funds and other institutional investors.

iShares Latin America 40 ETF Stock Up 1.6%

iShares Latin America 40 ETF stock opened at $32.35 on Thursday. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 10.28 and a beta of 0.71. The business has a 50-day simple moving average of $35.59 and a 200 day simple moving average of $35.19. iShares Latin America 40 ETF has a 52 week low of $29.39 and a 52 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).