HighTower Advisors LLC Purchases 130,929 Shares of iShares Latin America 40 ETF $ILF

HighTower Advisors LLC boosted its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 24.8% in the 4th quarter, HoldingsChannel reports. The firm owned 658,396 shares of the company’s stock after buying an additional 130,929 shares during the period. HighTower Advisors LLC’s holdings in iShares Latin America 40 ETF were worth $20,048,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Portfolio Solutions Inc. lifted its holdings in iShares Latin America 40 ETF by 29.1% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 23,545 shares of the company’s stock valued at $717,000 after purchasing an additional 5,314 shares during the last quarter. Tucker Asset Management LLC lifted its holdings in iShares Latin America 40 ETF by 8.9% during the 4th quarter. Tucker Asset Management LLC now owns 5,678 shares of the company’s stock valued at $173,000 after purchasing an additional 463 shares during the last quarter. Independent Solutions Wealth Management LLC bought a new position in iShares Latin America 40 ETF during the 4th quarter valued at about $356,000. AlphaCore Capital LLC bought a new position in iShares Latin America 40 ETF during the 4th quarter valued at about $1,154,000. Finally, Moneco Advisors LLC lifted its holdings in iShares Latin America 40 ETF by 1.4% during the 4th quarter. Moneco Advisors LLC now owns 47,217 shares of the company’s stock valued at $1,438,000 after purchasing an additional 642 shares during the last quarter. 45.01% of the stock is owned by institutional investors.

iShares Latin America 40 ETF Stock Down 0.9%

Shares of ILF stock opened at $34.93 on Friday. iShares Latin America 40 ETF has a 12-month low of $24.67 and a 12-month high of $38.50. The company has a market capitalization of $4.77 billion, a P/E ratio of 10.28 and a beta of 0.70. The firm has a 50-day moving average price of $35.68 and a 200 day moving average price of $33.80.

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).