Potomac Fund Management Inc. ADV Has $14 Million Stock Holdings in iShares Latin America 40 ETF $ILF

Potomac Fund Management Inc. ADV boosted its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 10.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 459,796 shares of the company’s stock after purchasing an additional 42,821 shares during the quarter. iShares Latin America 40 ETF accounts for about 0.5% of Potomac Fund Management Inc. ADV’s investment portfolio, making the stock its 18th biggest holding. Potomac Fund Management Inc. ADV owned about 0.40% of iShares Latin America 40 ETF worth $14,001,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Morgan Stanley raised its holdings in iShares Latin America 40 ETF by 8.9% in the fourth quarter. Morgan Stanley now owns 4,321,968 shares of the company’s stock worth $131,604,000 after purchasing an additional 352,612 shares during the period. CI Investments Inc. grew its holdings in shares of iShares Latin America 40 ETF by 10,566.0% in the 4th quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock valued at $64,956,000 after buying an additional 2,113,200 shares during the period. Wells Fargo & Company MN increased its position in shares of iShares Latin America 40 ETF by 37.4% in the 4th quarter. Wells Fargo & Company MN now owns 1,163,461 shares of the company’s stock valued at $35,427,000 after buying an additional 316,553 shares in the last quarter. LPL Financial LLC increased its position in shares of iShares Latin America 40 ETF by 81.2% in the 4th quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after buying an additional 518,704 shares in the last quarter. Finally, New Harbor Financial Group LLC raised its stake in iShares Latin America 40 ETF by 3.9% during the 3rd quarter. New Harbor Financial Group LLC now owns 1,001,885 shares of the company’s stock worth $28,944,000 after buying an additional 37,880 shares during the period. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

ILF stock opened at $34.85 on Monday. iShares Latin America 40 ETF has a 1-year low of $24.67 and a 1-year high of $38.50. The firm has a market cap of $4.76 billion, a PE ratio of 10.28 and a beta of 0.68. The business’s 50-day moving average price is $35.75 and its two-hundred day moving average price is $34.27.

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).