iShares Latin America 40 ETF (NYSEARCA:ILF) Reaches New 52-Week High – Here’s Why

iShares Latin America 40 ETF (NYSEARCA:ILF)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $37.32 and last traded at $37.08, with a volume of 361666 shares changing hands. The stock had previously closed at $37.05.

iShares Latin America 40 ETF Trading Up 0.8%

The company has a market cap of $4.25 billion, a P/E ratio of 10.28 and a beta of 0.90. The company’s 50-day moving average price is $33.65 and its two-hundred day moving average price is $30.47.

Institutional Trading of iShares Latin America 40 ETF

Several hedge funds have recently made changes to their positions in ILF. Biltmore Family Office LLC boosted its position in shares of iShares Latin America 40 ETF by 146.9% in the 2nd quarter. Biltmore Family Office LLC now owns 1,200 shares of the company’s stock valued at $31,000 after purchasing an additional 714 shares during the period. Game Plan Financial Advisors LLC acquired a new stake in iShares Latin America 40 ETF during the 4th quarter valued at $36,000. Van Den Berg Management I Inc. acquired a new stake in shares of iShares Latin America 40 ETF in the fourth quarter worth $40,000. Private Trust Co. NA grew its holdings 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 valued at $58,000 after buying an additional 726 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in iShares Latin America 40 ETF by 1,095.3% in the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after acquiring an additional 2,103 shares in the last quarter. Institutional investors own 45.01% of the company’s stock.

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).