iShares Latin America 40 ETF $ILF Stake Cut by Brookstone Capital Management

Brookstone Capital Management lessened its holdings in iShares Latin America 40 ETF (NYSEARCA:ILF) by 34.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,387 shares of the company’s stock after selling 23,838 shares during the quarter. Brookstone Capital Management’s holdings in iShares Latin America 40 ETF were worth $1,612,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. CI Investments Inc. raised its holdings in shares of iShares Latin America 40 ETF by 10,566.0% during the fourth quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock worth $64,956,000 after purchasing an additional 2,113,200 shares during the period. OVERSEA CHINESE BANKING Corp Ltd bought a new position in shares of iShares Latin America 40 ETF in the 4th quarter worth about $27,320,000. Marks Wealth LLC acquired a new position in shares of iShares Latin America 40 ETF in the 4th quarter valued at about $20,700,000. LPL Financial LLC grew its position in shares of iShares Latin America 40 ETF by 81.2% during the 4th quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after buying an additional 518,704 shares during the last quarter. Finally, Trek Financial LLC bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at about $13,733,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Up 1.2%

ILF opened at $33.56 on Friday. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a fifty-two week low of $24.67 and a fifty-two week high of $38.50. The company’s 50-day moving average price is $35.24 and its 200 day moving average price is $34.45.

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).