iShares Latin America 40 ETF (NYSEARCA:ILF) Sets New 52-Week High – Still a Buy?

iShares Latin America 40 ETF (NYSEARCA:ILF) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $38.42 and last traded at $38.10, with a volume of 4555952 shares trading hands. The stock had previously closed at $38.08.

iShares Latin America 40 ETF Stock Performance

The company has a market cap of $4.81 billion, a PE ratio of 10.28 and a beta of 0.74. The firm’s 50 day moving average is $35.52 and its 200-day moving average is $32.41.

Institutional Trading of iShares Latin America 40 ETF

Large investors have recently bought and sold shares of the business. Game Plan Financial Advisors LLC purchased a new stake in iShares Latin America 40 ETF during the 4th quarter valued at about $36,000. Van Den Berg Management I Inc. acquired a new position in iShares Latin America 40 ETF in the 4th quarter valued at about $40,000. Private Trust Co. NA boosted its holdings in iShares Latin America 40 ETF by 61.4% in the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock valued at $58,000 after purchasing an additional 726 shares during the last quarter. IFP Advisors Inc boosted its holdings in iShares Latin America 40 ETF by 1,095.3% in the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock valued at $66,000 after purchasing an additional 2,103 shares during the last quarter. Finally, Sound Income Strategies LLC boosted its holdings in iShares Latin America 40 ETF by 35.7% in the 3rd quarter. Sound Income Strategies LLC now owns 2,553 shares of the company’s stock valued at $71,000 after purchasing an additional 671 shares during the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

About iShares Latin America 40 ETF

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).