iShares Latin America 40 ETF (NYSEARCA:ILF) Hits New 12-Month High – Time to Buy?

iShares Latin America 40 ETF (NYSEARCA:ILF)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $27.72 and last traded at $27.59, with a volume of 187163 shares trading hands. The stock had previously closed at $27.17.

iShares Latin America 40 ETF Price Performance

The stock has a market capitalization of $1.80 billion, a P/E ratio of 10.28 and a beta of 1.00. The firm has a 50-day simple moving average of $25.96 and a 200 day simple moving average of $24.91.

Institutional Trading of iShares Latin America 40 ETF

Several institutional investors have recently added to or reduced their stakes in ILF. CWM LLC purchased a new stake in iShares Latin America 40 ETF during the 1st quarter valued at $28,000. Biltmore Family Office LLC boosted its stake in iShares Latin America 40 ETF by 146.9% during the 2nd quarter. Biltmore Family Office LLC now owns 1,200 shares of the company’s stock valued at $31,000 after purchasing an additional 714 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in iShares Latin America 40 ETF during the 2nd quarter valued at $32,000. Private Trust Co. NA purchased a new stake in iShares Latin America 40 ETF during the 1st quarter valued at $45,000. Finally, Simplex Trading LLC boosted its stake in iShares Latin America 40 ETF by 376.6% during the 1st quarter. Simplex Trading LLC now owns 2,073 shares of the company’s stock valued at $48,000 after purchasing an additional 1,638 shares during the last quarter. 45.01% of the stock is currently owned by hedge funds and other institutional investors.

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.