Assetmark Inc. Grows Stock Position in iShares Latin America 40 ETF $ILF

Assetmark Inc. increased its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 1,605.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,064,352 shares of the company’s stock after acquiring an additional 1,943,287 shares during the period. Assetmark Inc. owned about 3.06% of iShares Latin America 40 ETF worth $54,107,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ILF. Trexquant Investment LP lifted its position in iShares Latin America 40 ETF by 2.9% in the first quarter. Trexquant Investment LP now owns 14,425 shares of the company’s stock valued at $340,000 after purchasing an additional 404 shares during the last quarter. Cottonwood Capital Advisors LLC increased its stake in shares of iShares Latin America 40 ETF by 4.6% in the second quarter. Cottonwood Capital Advisors LLC now owns 9,796 shares of the company’s stock worth $257,000 after buying an additional 431 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of iShares Latin America 40 ETF by 4.8% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 11,000 shares of the company’s stock worth $288,000 after buying an additional 500 shares during the period. Biltmore Family Office LLC raised its holdings in iShares Latin America 40 ETF by 146.9% during the 2nd quarter. Biltmore Family Office LLC now owns 1,200 shares of the company’s stock valued at $31,000 after buying an additional 714 shares during the last quarter. Finally, Moneda S.A. Administradora General de Fondos boosted its position in iShares Latin America 40 ETF by 1.3% during the 1st quarter. Moneda S.A. Administradora General de Fondos now owns 70,514 shares of the company’s stock valued at $1,661,000 after buying an additional 873 shares during the period. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Trading Down 0.4%

ILF stock opened at $29.39 on Friday. The firm’s 50-day moving average price is $28.04 and its two-hundred day moving average price is $26.31. iShares Latin America 40 ETF has a 12-month low of $20.83 and a 12-month high of $29.65. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90.

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.