iShares Latin America 40 ETF (NYSEARCA:ILF) Sees Strong Trading Volume

iShares Latin America 40 ETF (NYSEARCA:ILF) saw unusually-high trading volume on Monday . Approximately 3,382,823 shares traded hands during trading, an increase of 165% from the previous session’s volume of 1,275,240 shares.The stock last traded at $26.74 and had previously closed at $26.31.

iShares Latin America 40 ETF Price Performance

The company has a market cap of $1.49 billion, a PE ratio of 6.01 and a beta of 0.92. The business has a 50 day moving average of $25.18 and a 200 day moving average of $26.90.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Institutional investors have recently bought and sold shares of the stock. Raymond James Financial Services Advisors Inc. bought a new position in iShares Latin America 40 ETF in the fourth quarter worth $301,000. International Assets Investment Management LLC purchased a new position in iShares Latin America 40 ETF during the 4th quarter valued at about $2,176,000. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in iShares Latin America 40 ETF by 14.3% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 150,579 shares of the company’s stock worth $4,376,000 after acquiring an additional 18,860 shares in the last quarter. NewSquare Capital LLC grew its holdings in iShares Latin America 40 ETF by 245.1% in the fourth quarter. NewSquare Capital LLC now owns 192,197 shares of the company’s stock worth $5,585,000 after purchasing an additional 136,505 shares during the period. Finally, Headlands Technologies LLC bought a new stake in shares of iShares Latin America 40 ETF in the 4th quarter worth approximately $78,000.

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.