Potomac Fund Management Inc. ADV Buys 42,821 Shares of iShares Latin America 40 ETF $ILF

Potomac Fund Management Inc. ADV lifted its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 10.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 459,796 shares of the company’s stock after buying an additional 42,821 shares during the period. iShares Latin America 40 ETF comprises about 0.5% of Potomac Fund Management Inc. ADV’s investment portfolio, making the stock its 18th largest holding. Potomac Fund Management Inc. ADV’s holdings in iShares Latin America 40 ETF were worth $14,001,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Game Plan Financial Advisors LLC acquired a new position in iShares Latin America 40 ETF during the 4th quarter worth approximately $36,000. Private Trust Co. NA lifted its position in shares of iShares Latin America 40 ETF by 61.4% in the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after purchasing an additional 726 shares in the last quarter. IFP Advisors Inc lifted its position in shares of iShares Latin America 40 ETF by 1,095.3% in the third quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after purchasing an additional 2,103 shares in the last quarter. Comerica Bank boosted its holdings in iShares Latin America 40 ETF by 258.0% during the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after purchasing an additional 2,188 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in iShares Latin America 40 ETF during the fourth quarter worth $94,000. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Stock Performance

NYSEARCA:ILF opened at $34.85 on Monday. iShares Latin America 40 ETF has a 1-year low of $24.67 and a 1-year high of $38.50. The firm has a fifty day simple moving average of $35.75 and a 200 day simple moving average of $34.27. The stock has a market capitalization of $4.76 billion, a PE ratio of 10.28 and a beta of 0.68.

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).