Brookstone Capital Management Lowers Stake in iShares Latin America 40 ETF $ILF

Brookstone Capital Management cut its position in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 34.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,387 shares of the company’s stock after selling 23,838 shares during the quarter. Brookstone Capital Management’s holdings in iShares Latin America 40 ETF were worth $1,612,000 at the end of the most recent quarter.

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

iShares Latin America 40 ETF Stock Up 1.2%

Shares of ILF stock opened at $33.56 on Friday. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a fifty-two week low of $24.67 and a fifty-two week high of $38.50. The firm’s 50 day moving average price is $35.24 and its two-hundred day moving average price is $34.45.

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).