Royal Bank of Canada grew its stake in iShares Latin America 40 ETF (NYSEARCA:ILF – Free Report) by 219.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 679,731 shares of the company’s stock after purchasing an additional 467,007 shares during the period. Royal Bank of Canada’s holdings in iShares Latin America 40 ETF were worth $24,143,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also modified their holdings of the stock. Hsbc Holdings PLC boosted its stake in iShares Latin America 40 ETF by 8,903.8% in the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock valued at $87,629,000 after buying an additional 2,439,632 shares in the last quarter. CI Investments Inc. raised its stake in iShares Latin America 40 ETF by 10,566.0% during the fourth quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock worth $64,956,000 after acquiring an additional 2,113,200 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in iShares Latin America 40 ETF during the fourth quarter worth $27,320,000. Marks Wealth LLC bought a new position in shares of iShares Latin America 40 ETF during the fourth quarter valued at $20,700,000. Finally, Bank of Nova Scotia lifted its holdings in shares of iShares Latin America 40 ETF by 149.9% during the first quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock valued at $39,332,000 after acquiring an additional 664,200 shares during the period. 45.01% of the stock is owned by institutional investors and hedge funds.
iShares Latin America 40 ETF Stock Performance
ILF opened at $35.09 on Thursday. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. The firm’s 50-day simple moving average is $34.23 and its 200-day simple moving average is $35.13. iShares Latin America 40 ETF has a twelve month low of $25.37 and a twelve month high of $38.50.
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).
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