Cumberland Advisors Inc. Acquires New Holdings in iShares Latin America 40 ETF $ILF

Cumberland Advisors Inc. bought a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,520 shares of the company’s stock, valued at approximately $846,000.

Other large investors also recently modified their holdings of the company. NewEdge Advisors LLC lifted its position in shares of iShares Latin America 40 ETF by 415.0% during the second quarter. NewEdge Advisors LLC now owns 53,242 shares of the company’s stock valued at $1,797,000 after purchasing an additional 42,904 shares in the last quarter. Envestnet Asset Management Inc. grew its position 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 purchasing an additional 147,795 shares in the last quarter. Baird Financial Group Inc. bought a new stake in iShares Latin America 40 ETF in the 2nd quarter worth about $1,508,000. MassMutual Private Wealth & Trust FSB bought a new stake in iShares Latin America 40 ETF in the 3rd quarter worth about $1,258,000. Finally, Hudson Portfolio Management LLC increased its stake in iShares Latin America 40 ETF by 95.0% in the 2nd 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. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

NYSEARCA:ILF opened at $31.84 on Wednesday. iShares Latin America 40 ETF has a 52 week low of $29.08 and a 52 week high of $38.50. The firm has a 50-day moving average price of $35.65 and a two-hundred day moving average price of $35.19. The firm has a market cap of $3.33 billion, a price-to-earnings ratio of 10.28 and a beta of 0.71.

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).