D.A. Davidson & CO. Makes New $2.55 Million Investment in iShares Latin America 40 ETF $ILF

D.A. Davidson & CO. purchased a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 71,814 shares of the company’s stock, valued at approximately $2,551,000. D.A. Davidson & CO. owned 0.05% of iShares Latin America 40 ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Game Plan Financial Advisors LLC acquired a new stake in iShares Latin America 40 ETF in the 4th quarter valued at approximately $36,000. Van Den Berg Management I Inc. acquired a new stake in shares of iShares Latin America 40 ETF in the fourth quarter valued at approximately $40,000. Private Trust Co. NA lifted its position in shares of iShares Latin America 40 ETF by 61.4% in the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after purchasing an additional 726 shares in the last quarter. IFP Advisors Inc boosted its holdings in iShares Latin America 40 ETF by 1,095.3% during the third quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after purchasing an additional 2,103 shares during the last quarter. Finally, Comerica Bank boosted its holdings in iShares Latin America 40 ETF by 258.0% during the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after purchasing an additional 2,188 shares during the last quarter. 45.01% of the stock is owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Trading Up 0.5%

Shares of ILF stock opened at $34.24 on Tuesday. The firm’s fifty day moving average price is $34.26 and its two-hundred day moving average price is $34.84. iShares Latin America 40 ETF has a 1 year low of $24.67 and a 1 year high of $38.50. The firm has a market capitalization of $3.72 billion, a P/E ratio of 10.28 and a beta of 0.68.

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).