Envestnet Asset Management Inc. Reduces Holdings in iShares Latin America 40 ETF $ILF

Envestnet Asset Management Inc. lowered its holdings in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 20.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 316,614 shares of the company’s stock after selling 81,797 shares during the period. Envestnet Asset Management Inc. owned about 0.46% of iShares Latin America 40 ETF worth $9,147,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Jones Financial Companies Lllp increased its stake in shares of iShares Latin America 40 ETF by 204.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 64,720 shares of the company’s stock worth $1,854,000 after purchasing an additional 43,453 shares in the last quarter. Carrera Capital Advisors grew its holdings in iShares Latin America 40 ETF by 18.3% during the 3rd quarter. Carrera Capital Advisors now owns 403,346 shares of the company’s stock valued at $11,653,000 after buying an additional 62,442 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in iShares Latin America 40 ETF by 48.6% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 16,350 shares of the company’s stock worth $472,000 after buying an additional 5,350 shares in the last quarter. J. Safra Sarasin Holding AG acquired a new position in shares of iShares Latin America 40 ETF in the third quarter worth $787,000. Finally, Belpointe Asset Management LLC purchased a new stake in shares of iShares Latin America 40 ETF in the third quarter valued at $2,260,000. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Stock Up 0.8%

ILF opened at $36.45 on Friday. The firm has a market cap of $4.15 billion, a P/E ratio of 10.28 and a beta of 0.90. The business’s fifty day simple moving average is $33.30 and its 200 day simple moving average is $30.16. iShares Latin America 40 ETF has a 52 week low of $20.97 and a 52 week high of $37.30.

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).