iShares Latin America 40 ETF Sees Unusually Large Options Volume (NYSEARCA:ILF)

iShares Latin America 40 ETF (NYSEARCA:ILF) was the target of unusually large options trading activity on Wednesday. Stock traders bought 2,178 call options on the company. This is an increase of 570% compared to the typical daily volume of 325 call options.

Institutional Investors Weigh In On iShares Latin America 40 ETF

Several large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its stake in iShares Latin America 40 ETF by 415.0% in the 2nd quarter. NewEdge Advisors LLC now owns 53,242 shares of the company’s stock valued at $1,797,000 after buying an additional 42,904 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in iShares Latin America 40 ETF by 40.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 513,175 shares of the company’s stock worth $17,320,000 after buying an additional 147,795 shares in the last quarter. Baird Financial Group Inc. purchased a new position in iShares Latin America 40 ETF in the second quarter worth $1,508,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Latin America 40 ETF in the 3rd quarter worth approximately $1,258,000. Finally, Hudson Portfolio Management LLC grew its stake in shares of iShares Latin America 40 ETF by 95.0% during the second quarter. Hudson Portfolio Management LLC now owns 33,100 shares of the company’s stock valued at $1,117,000 after buying an additional 16,125 shares during the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Up 0.8%

ILF traded up $0.24 during trading on Wednesday, hitting $32.65. The company’s stock had a trading volume of 795,694 shares, compared to its average volume of 3,211,158. iShares Latin America 40 ETF has a twelve month low of $29.39 and a twelve month high of $38.50. The stock’s fifty day moving average price is $35.38 and its 200-day moving average price is $35.17. The firm has a market capitalization of $3.41 billion, a P/E ratio of 11.12 and a beta of 0.74.

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. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).