Wedbush Securities Inc. Makes New $527,000 Investment in iShares Latin America 40 ETF $ILF

Wedbush Securities Inc. purchased a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) in the third quarter, HoldingsChannel reports. The institutional investor purchased 18,226 shares of the company’s stock, valued at approximately $527,000.

Several other hedge funds also recently made changes to their positions in the company. Assetmark Inc. lifted its stake in iShares Latin America 40 ETF by 1,605.2% in the second quarter. Assetmark Inc. now owns 2,064,352 shares of the company’s stock valued at $54,107,000 after buying an additional 1,943,287 shares during the last quarter. New Harbor Financial Group LLC purchased a new stake in iShares Latin America 40 ETF in the 2nd quarter valued at $25,267,000. Osborne Partners Capital Management LLC boosted its stake in iShares Latin America 40 ETF by 0.8% during the 3rd quarter. Osborne Partners Capital Management LLC now owns 682,973 shares of the company’s stock worth $19,731,000 after purchasing an additional 5,312 shares during the period. Commonwealth Equity Services LLC grew its position in iShares Latin America 40 ETF by 1,477.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 582,132 shares of the company’s stock worth $16,818,000 after purchasing an additional 545,231 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in iShares Latin America 40 ETF by 31.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 556,505 shares of the company’s stock worth $14,587,000 after purchasing an additional 132,683 shares during the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Down 0.5%

Shares of ILF stock opened at $36.26 on Monday. The stock’s 50-day moving average price is $32.88 and its 200 day moving average price is $29.92. The stock has a market capitalization of $4.12 billion, a PE ratio of 10.28 and a beta of 0.90. iShares Latin America 40 ETF has a 52-week low of $20.97 and a 52-week high of $37.30.

About iShares Latin America 40 ETF

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).