Total Investment Management Inc. Cuts Stake in iShares Latin America 40 ETF (NYSEARCA:ILF)

Total Investment Management Inc. lowered its holdings in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 99.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,850 shares of the company’s stock after selling 2,261,740 shares during the quarter. Total Investment Management Inc.’s holdings in iShares Latin America 40 ETF were worth $227,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. grew its position in shares of iShares Latin America 40 ETF by 2,200.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,600 shares of the company’s stock worth $96,000 after purchasing an additional 4,400 shares in the last quarter. Truist Financial Corp bought a new position in iShares Latin America 40 ETF during the second quarter valued at approximately $227,000. PFG Investments LLC boosted its stake in iShares Latin America 40 ETF by 16.9% during the fourth quarter. PFG Investments LLC now owns 10,994 shares of the company’s stock valued at $230,000 after buying an additional 1,588 shares during the last quarter. Park Avenue Securities LLC boosted its stake in iShares Latin America 40 ETF by 27.7% during the fourth quarter. Park Avenue Securities LLC now owns 12,439 shares of the company’s stock valued at $260,000 after buying an additional 2,697 shares during the last quarter. Finally, Verus Financial Partners Inc. bought a new position in iShares Latin America 40 ETF during the third quarter valued at approximately $296,000.

iShares Latin America 40 ETF Trading Up 2.3 %

Shares of iShares Latin America 40 ETF stock opened at $24.12 on Monday. The stock has a 50 day moving average of $22.18 and a 200 day moving average of $24.10. iShares Latin America 40 ETF has a 12 month low of $20.83 and a 12 month high of $29.05. The firm has a market cap of $1.36 billion, a PE ratio of 6.01 and a beta of 0.92.

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.