Bank of Nova Scotia Buys 664,200 Shares of iShares Latin America 40 ETF $ILF

Bank of Nova Scotia increased its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 149.9% during the first quarter, Holdings Channel.com reports. The fund owned 1,107,333 shares of the company’s stock after buying an additional 664,200 shares during the period. Bank of Nova Scotia’s holdings in iShares Latin America 40 ETF were worth $39,332,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its position in shares of iShares Latin America 40 ETF by 0.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 38,294 shares of the company’s stock worth $1,166,000 after buying an additional 288 shares during the period. Verus Financial Partners Inc. lifted its stake in shares of iShares Latin America 40 ETF by 2.0% in the 4th quarter. Verus Financial Partners Inc. now owns 16,204 shares of the company’s stock valued at $493,000 after purchasing an additional 311 shares during the period. Trexquant Investment LP boosted its position in shares of iShares Latin America 40 ETF by 2.5% during the 4th quarter. Trexquant Investment LP now owns 13,026 shares of the company’s stock valued at $397,000 after purchasing an additional 314 shares in the last quarter. Schroder Investment Management Group boosted its position in shares of iShares Latin America 40 ETF by 0.4% during the 4th quarter. Schroder Investment Management Group now owns 93,799 shares of the company’s stock valued at $2,875,000 after purchasing an additional 362 shares in the last quarter. Finally, Gold Investment Management Ltd. grew its stake in iShares Latin America 40 ETF by 3.5% during the fourth quarter. Gold Investment Management Ltd. now owns 12,154 shares of the company’s stock worth $370,000 after purchasing an additional 413 shares during the period. 45.01% of the stock is currently owned by institutional investors.

iShares Latin America 40 ETF Stock Down 0.6%

iShares Latin America 40 ETF stock opened at $34.64 on Friday. The company has a market capitalization of $3.77 billion, a PE ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a 12-month low of $24.67 and a 12-month high of $38.50. The firm’s fifty day moving average is $34.23 and its 200 day moving average is $34.93.

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).