Osborne Partners Capital Management LLC Sells 18,686 Shares of iShares Latin America 40 ETF $ILF

Osborne Partners Capital Management LLC cut its holdings in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 2.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 650,930 shares of the company’s stock after selling 18,686 shares during the quarter. iShares Latin America 40 ETF comprises approximately 1.2% of Osborne Partners Capital Management LLC’s portfolio, making the stock its 19th largest holding. Osborne Partners Capital Management LLC’s holdings in iShares Latin America 40 ETF were worth $23,121,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. CI Investments Inc. lifted its stake in iShares Latin America 40 ETF by 10,566.0% during the 4th quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock valued at $64,956,000 after acquiring an additional 2,113,200 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new stake in shares of iShares Latin America 40 ETF in the fourth quarter worth approximately $27,320,000. Marks Wealth LLC bought a new stake in shares of iShares Latin America 40 ETF in the fourth quarter worth approximately $20,700,000. LPL Financial LLC raised its holdings in shares of iShares Latin America 40 ETF by 81.2% during the fourth quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after purchasing an additional 518,704 shares during the last quarter. Finally, Trek Financial LLC purchased a new position in shares of iShares Latin America 40 ETF during the fourth quarter valued at approximately $13,733,000. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Price Performance

Shares of iShares Latin America 40 ETF stock opened at $33.69 on Friday. iShares Latin America 40 ETF has a twelve month low of $24.67 and a twelve month high of $38.50. The company’s 50 day moving average is $34.77 and its 200 day moving average is $34.54. The company has a market cap of $3.73 billion, a price-to-earnings 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).