Whalen Wealth Management Inc. Buys 20,797 Shares of iShares Latin America 40 ETF $ILF

Whalen Wealth Management Inc. bought a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 20,797 shares of the company’s stock, valued at approximately $717,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in iShares Latin America 40 ETF by 28.4% during the first quarter. Bank of America Corp DE now owns 2,506,803 shares of the company’s stock worth $89,042,000 after acquiring an additional 554,633 shares in the last quarter. Hsbc Holdings PLC raised its stake in shares of iShares Latin America 40 ETF by 8,903.8% during the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after purchasing an additional 2,439,632 shares in the last quarter. Bank of Nova Scotia boosted its holdings in shares of iShares Latin America 40 ETF by 149.9% in the 1st quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock valued at $39,332,000 after buying an additional 664,200 shares during the last quarter. Journey Advisory Group LLC grew its stake in shares of iShares Latin America 40 ETF by 46.2% in the first quarter. Journey Advisory Group LLC now owns 801,157 shares of the company’s stock valued at $28,457,000 after buying an additional 253,156 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in shares of iShares Latin America 40 ETF by 219.5% in the first quarter. Royal Bank of Canada now owns 679,731 shares of the company’s stock valued at $24,143,000 after buying an additional 467,007 shares in the last quarter. 45.01% of the stock is owned by institutional investors.

iShares Latin America 40 ETF Stock Performance

ILF traded up $0.20 during trading on Thursday, reaching $37.61. 666,648 shares of the stock were exchanged, compared to its average volume of 3,261,703. The stock’s 50 day moving average price is $35.11 and its two-hundred day moving average price is $35.06. iShares Latin America 40 ETF has a twelve month low of $27.16 and a twelve month high of $38.50. The stock has a market cap of $4.10 billion, a P/E ratio of 10.28 and a beta of 0.65.

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).