D.A. Davidson & CO. Takes $2.55 Million Position in iShares Latin America 40 ETF $ILF

D.A. Davidson & CO. acquired a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) in the first quarter, HoldingsChannel reports. The firm acquired 71,814 shares of the company’s stock, valued at approximately $2,551,000.

Several other hedge funds have also added to or reduced their stakes in ILF. Bank of New York Mellon Corp grew its holdings in iShares Latin America 40 ETF by 27.4% during the 1st quarter. Bank of New York Mellon Corp now owns 17,482 shares of the company’s stock worth $621,000 after acquiring an additional 3,760 shares during the last quarter. Three Seasons Wealth LLC bought a new position in shares of iShares Latin America 40 ETF during the first quarter valued at $322,000. Journey Advisory Group LLC lifted its holdings in shares of iShares Latin America 40 ETF by 46.2% during the first quarter. Journey Advisory Group LLC now owns 801,157 shares of the company’s stock worth $28,457,000 after purchasing an additional 253,156 shares during the period. Harmony Asset Management LLC acquired a new position in shares of iShares Latin America 40 ETF during the first quarter worth $210,000. Finally, Nwam LLC grew its stake in shares of iShares Latin America 40 ETF by 4.0% in the first quarter. Nwam LLC now owns 133,200 shares of the company’s stock worth $4,731,000 after purchasing an additional 5,100 shares during the last quarter. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Stock Up 0.5%

Shares of iShares Latin America 40 ETF stock opened at $34.24 on Tuesday. The stock has a market cap of $3.72 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a twelve month low of $24.67 and a twelve month high of $38.50. The company’s fifty day moving average is $34.26 and its 200 day moving average is $34.84.

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).