iShares Latin America 40 ETF $ILF Shares Newly Purchased by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. acquired a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) during the 3rd quarter, HoldingsChannel.com reports. The firm acquired 29,507 shares of the company’s stock, valued at approximately $1,018,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of ILF. Platform Technology Partners purchased a new stake in iShares Latin America 40 ETF during the 3rd quarter valued at about $232,000. Commonwealth Equity Services LLC bought a new position in iShares Latin America 40 ETF during the 3rd quarter worth approximately $7,585,000. Kestra Private Wealth Services LLC purchased a new position in iShares Latin America 40 ETF in the 3rd quarter worth approximately $1,163,000. Cowa LLC purchased a new position in iShares Latin America 40 ETF in the 3rd quarter worth approximately $2,807,000. Finally, Richardson Financial Services Inc. purchased a new position in iShares Latin America 40 ETF in the 3rd quarter worth approximately $644,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Trading Up 0.8%

ILF stock traded up $0.26 during midday trading on Friday, hitting $32.14. The company had a trading volume of 2,021,393 shares, compared to its average volume of 3,239,358. iShares Latin America 40 ETF has a 52 week low of $29.39 and a 52 week high of $38.50. The stock’s 50 day moving average price is $35.47 and its 200 day moving average price is $35.19. The stock has a market cap of $3.36 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).