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

Shares of iShares Latin America 40 ETF (NYSEARCA:ILF) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $38.42 and last traded at $38.10, with a volume of 4555952 shares. The stock had previously closed at $38.08.

iShares Latin America 40 ETF Trading Up 0.5%

The stock has a market capitalization of $4.98 billion, a P/E ratio of 10.28 and a beta of 0.74. The stock has a 50 day moving average of $35.62 and a 200-day moving average of $32.49.

Institutional Investors Weigh In On iShares Latin America 40 ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Game Plan Financial Advisors LLC bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter worth approximately $36,000. Van Den Berg Management I Inc. bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter worth approximately $40,000. Private Trust Co. NA lifted its stake in shares of iShares Latin America 40 ETF by 61.4% during the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after acquiring an additional 726 shares during the last quarter. IFP Advisors Inc lifted its stake in shares of iShares Latin America 40 ETF by 1,095.3% during 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 during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in shares of iShares Latin America 40 ETF by 35.7% during the 3rd quarter. Sound Income Strategies LLC now owns 2,553 shares of the company’s stock worth $71,000 after acquiring an additional 671 shares during the last quarter. 45.01% of the stock is owned by institutional investors.

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).