iShares Latin America 40 ETF (NYSEARCA:ILF) Reaches New 12-Month Low – Here’s What Happened

iShares Latin America 40 ETF (NYSEARCA:ILF)’s stock price reached a new 52-week low on Tuesday . The stock traded as low as $20.86 and last traded at $20.87, with a volume of 222308 shares changing hands. The stock had previously closed at $20.96.

iShares Latin America 40 ETF Stock Down 0.4 %

The stock’s fifty day moving average is $23.54 and its two-hundred day moving average is $24.79. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 6.01 and a beta of 0.92.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in iShares Latin America 40 ETF by 31.9% during the third quarter. JPMorgan Chase & Co. now owns 697,025 shares of the company’s stock worth $18,060,000 after purchasing an additional 168,625 shares during the period. Strait & Sound Wealth Management LLC boosted its holdings in shares of iShares Latin America 40 ETF by 30.2% during the 3rd quarter. Strait & Sound Wealth Management LLC now owns 15,771 shares of the company’s stock worth $409,000 after buying an additional 3,654 shares during the period. National Bank of Canada FI boosted its holdings in shares of iShares Latin America 40 ETF by 56.0% during the 3rd quarter. National Bank of Canada FI now owns 97,261 shares of the company’s stock worth $2,520,000 after buying an additional 34,904 shares during the period. Jane Street Group LLC grew its stake in iShares Latin America 40 ETF by 46.6% in the 3rd quarter. Jane Street Group LLC now owns 668,557 shares of the company’s stock valued at $17,322,000 after buying an additional 212,373 shares during the last quarter. Finally, Kovitz Investment Group Partners LLC lifted its position in iShares Latin America 40 ETF by 32.4% during the third quarter. Kovitz Investment Group Partners LLC now owns 68,619 shares of the company’s stock worth $1,778,000 after acquiring an additional 16,809 shares during the last quarter.

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.