Citigroup Inc. Lowers Stake in iShares Latin America 40 ETF $ILF

Citigroup Inc. cut its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 42.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,190 shares of the company’s stock after selling 90,245 shares during the period. Citigroup Inc. owned about 0.17% of iShares Latin America 40 ETF worth $3,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sound Income Strategies LLC increased its stake 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 worth $71,000 after buying an additional 671 shares in the last quarter. Comerica Bank boosted its stake in shares of iShares Latin America 40 ETF by 258.0% in the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock worth $72,000 after acquiring an additional 2,188 shares during the period. Lowe Wealth Advisors LLC grew its position in shares of iShares Latin America 40 ETF by 121.2% during the third quarter. Lowe Wealth Advisors LLC now owns 5,178 shares of the company’s stock worth $150,000 after purchasing an additional 2,837 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in iShares Latin America 40 ETF by 48.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,624 shares of the company’s stock valued at $174,000 after purchasing an additional 2,154 shares during the period. Finally, Simplex Trading LLC raised its stake in iShares Latin America 40 ETF by 251.1% during the 2nd quarter. Simplex Trading LLC now owns 7,279 shares of the company’s stock valued at $190,000 after purchasing an additional 5,206 shares during the period. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Price Performance

ILF stock opened at $34.15 on Friday. iShares Latin America 40 ETF has a 1-year low of $20.97 and a 1-year high of $37.42. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 10.28 and a beta of 0.90. The business has a 50 day simple moving average of $34.40 and a two-hundred day simple moving average of $30.89.

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. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).