Money Concepts Capital Corp Takes $1.81 Million Position in iShares Latin America 40 ETF $ILF

Money Concepts Capital Corp bought a new position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 50,832 shares of the company’s stock, valued at approximately $1,806,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Comerica Bank lifted its position in iShares Latin America 40 ETF by 258.0% in the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after acquiring an additional 2,188 shares during the last quarter. Millennium Management LLC acquired a new stake in shares of iShares Latin America 40 ETF in the 1st quarter valued at about $5,240,000. Flow Traders U.S. LLC acquired a new stake in shares of iShares Latin America 40 ETF in the 2nd quarter valued at about $285,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in iShares Latin America 40 ETF during the 2nd quarter worth approximately $9,893,000. Finally, Quantinno Capital Management LP increased its position in iShares Latin America 40 ETF by 32.7% during the second quarter. Quantinno Capital Management LP now owns 89,059 shares of the company’s stock worth $2,334,000 after buying an additional 21,958 shares during the period. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

NYSEARCA ILF traded up $0.69 on Friday, reaching $34.51. The stock had a trading volume of 1,826,008 shares, compared to its average volume of 3,556,766. iShares Latin America 40 ETF has a 12-month low of $24.67 and a 12-month high of $38.50. The business’s 50-day moving average price is $34.52 and its 200 day moving average price is $34.66. The stock has a market cap of $3.78 billion, a P/E 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).