Money Concepts Capital Corp Makes New Investment in iShares Latin America 40 ETF $ILF

Money Concepts Capital Corp acquired a new position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 50,832 shares of the company’s stock, valued at approximately $1,806,000.

Other hedge funds have also modified their holdings of the company. Game Plan Financial Advisors LLC purchased a new stake in iShares Latin America 40 ETF during the 4th quarter worth about $36,000. Van Den Berg Management I Inc. purchased a new position in shares of iShares Latin America 40 ETF in the 4th quarter valued at about $40,000. Private Trust Co. NA grew its position in shares of iShares Latin America 40 ETF by 61.4% during the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after buying an additional 726 shares in the last quarter. IFP Advisors Inc grew its position in shares of iShares Latin America 40 ETF by 1,095.3% during the third quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after buying an additional 2,103 shares in the last quarter. Finally, Comerica Bank increased its stake in shares of iShares Latin America 40 ETF by 258.0% during the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after buying an additional 2,188 shares during the period. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Stock Up 2.0%

iShares Latin America 40 ETF stock traded up $0.69 during trading 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 52-week low of $24.67 and a 52-week high of $38.50. The business has a 50 day moving average price of $34.52 and a 200 day moving average price of $34.66. The stock has a market cap of $3.78 billion, a PE 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).