Merit Financial Group LLC bought a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 39,965 shares of the company’s stock, valued at approximately $836,000.
A number of other hedge funds have also made changes to their positions in the stock. Truist Financial Corp acquired a new position in iShares Latin America 40 ETF in the 2nd quarter valued at approximately $227,000. PFG Investments LLC acquired a new position in shares of iShares Latin America 40 ETF in the third quarter worth $244,000. Park Avenue Securities LLC purchased a new stake in shares of iShares Latin America 40 ETF during the third quarter worth $252,000. Verus Financial Partners Inc. acquired a new stake in iShares Latin America 40 ETF during the third quarter valued at $296,000. Finally, Gold Investment Management Ltd. grew its stake in iShares Latin America 40 ETF by 22.8% in the third quarter. Gold Investment Management Ltd. now owns 13,048 shares of the company’s stock valued at $340,000 after purchasing an additional 2,420 shares in the last quarter.
iShares Latin America 40 ETF Price Performance
ILF opened at $21.96 on Wednesday. The company has a market capitalization of $1.24 billion, a PE ratio of 6.01 and a beta of 0.92. iShares Latin America 40 ETF has a fifty-two week low of $20.83 and a fifty-two week high of $29.05. The business has a 50-day moving average of $22.46 and a 200-day moving average of $24.43.
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.
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