Cumberland Advisors Inc. Buys 24,520 Shares of iShares Latin America 40 ETF $ILF

Cumberland Advisors Inc. bought a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 24,520 shares of the company’s stock, valued at approximately $846,000.

Other hedge funds also recently made changes to their positions in the company. Integrity Alliance LLC. purchased a new position in shares of iShares Latin America 40 ETF in the 3rd quarter worth about $1,550,000. Tucker Asset Management LLC grew its position in iShares Latin America 40 ETF by 7.9% during the third quarter. Tucker Asset Management LLC now owns 6,044 shares of the company’s stock valued at $209,000 after buying an additional 445 shares during the period. Signature Equity Partners LLC increased its holdings in iShares Latin America 40 ETF by 19.5% during the third quarter. Signature Equity Partners LLC now owns 2,073 shares of the company’s stock worth $72,000 after buying an additional 338 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich purchased a new stake in iShares Latin America 40 ETF during the third quarter worth about $17,619,000. Finally, Verus Financial Partners Inc. purchased a new stake in iShares Latin America 40 ETF during the third quarter worth about $565,000. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Stock Performance

Shares of ILF stock opened at $31.84 on Wednesday. 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 has a 52 week low of $29.08 and a 52 week high of $38.50. The firm’s 50-day simple moving average is $35.65 and its two-hundred day simple moving average is $35.19.

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).