iShares Latin America 40 ETF (NYSEARCA:ILF) Sets New 1-Year High – Here’s What Happened

iShares Latin America 40 ETF (NYSEARCA:ILF)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $37.30 and last traded at $37.2640, with a volume of 333435 shares changing hands. The stock had previously closed at $37.10.

iShares Latin America 40 ETF Stock Performance

The firm has a market cap of $4.12 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90. The stock’s 50 day simple moving average is $32.88 and its 200-day simple moving average is $29.85.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Kestra Advisory Services LLC lifted its position in iShares Latin America 40 ETF by 3.4% during the 4th quarter. Kestra Advisory Services LLC now owns 299,525 shares of the company’s stock worth $9,121,000 after acquiring an additional 9,894 shares during the period. CANADA LIFE ASSURANCE Co lifted its holdings in shares of iShares Latin America 40 ETF by 6.7% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 75,181 shares of the company’s stock worth $2,291,000 after purchasing an additional 4,740 shares during the period. Stifel Financial Corp boosted its position in iShares Latin America 40 ETF by 49.5% in the fourth quarter. Stifel Financial Corp now owns 36,172 shares of the company’s stock valued at $1,102,000 after buying an additional 11,979 shares during the last quarter. Bank of Nova Scotia boosted its position in iShares Latin America 40 ETF by 38.1% in the fourth quarter. Bank of Nova Scotia now owns 443,133 shares of the company’s stock valued at $13,582,000 after buying an additional 122,300 shares during the last quarter. Finally, Morgan Stanley increased its holdings in iShares Latin America 40 ETF by 8.9% in the 4th quarter. Morgan Stanley now owns 4,321,968 shares of the company’s stock worth $131,604,000 after buying an additional 352,612 shares during the period. Hedge funds and other institutional investors own 45.01% of the company’s stock.

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).