Brookstone Capital Management Buys New Shares in iShares Latin America 40 ETF $ILF

Brookstone Capital Management purchased a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 69,225 shares of the company’s stock, valued at approximately $2,108,000. Brookstone Capital Management owned 0.08% of iShares Latin America 40 ETF as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. New Harbor Financial Group LLC bought a new stake in shares of iShares Latin America 40 ETF in the 2nd quarter worth approximately $25,267,000. Commonwealth Equity Services LLC increased its position in shares of iShares Latin America 40 ETF by 1,477.6% during the third quarter. Commonwealth Equity Services LLC now owns 582,132 shares of the company’s stock valued at $16,818,000 after purchasing an additional 545,231 shares during the period. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new stake in shares of iShares Latin America 40 ETF during the second quarter valued at approximately $9,893,000. Bank of America Corp DE raised its stake in shares of iShares Latin America 40 ETF by 79.6% in the third quarter. Bank of America Corp DE now owns 777,310 shares of the company’s stock valued at $22,456,000 after purchasing an additional 344,491 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of iShares Latin America 40 ETF by 134.7% in the second quarter. JPMorgan Chase & Co. now owns 435,775 shares of the company’s stock valued at $11,422,000 after purchasing an additional 250,105 shares in the last quarter. Institutional investors and hedge funds own 45.01% of the company’s stock.

iShares Latin America 40 ETF Price Performance

Shares of ILF stock opened at $35.62 on Friday. iShares Latin America 40 ETF has a one year low of $20.97 and a one year high of $37.42. The stock has a fifty day moving average price of $35.36 and a 200 day moving average price of $31.90. The stock has a market cap of $4.05 billion, a P/E ratio of 10.28 and a beta of 0.90.

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).