iShares Latin America 40 ETF (NYSEARCA:ILF) Sees Strong Trading Volume – Here’s What Happened

iShares Latin America 40 ETF (NYSEARCA:ILF) shares saw strong trading volume on Wednesday . 1,987,969 shares were traded during trading, an increase of 68% from the previous session’s volume of 1,184,892 shares.The stock last traded at $22.58 and had previously closed at $22.24.

iShares Latin America 40 ETF Stock Up 2.5 %

The business has a 50 day moving average price of $22.42 and a 200 day moving average price of $23.95. The stock has a market cap of $1.25 billion, a PE ratio of 8.99 and a beta of 1.14.

Hedge Funds Weigh In On iShares Latin America 40 ETF

Several institutional investors and hedge funds have recently modified their holdings of ILF. CoreCap Advisors LLC raised its position in iShares Latin America 40 ETF by 6.0% during the fourth quarter. CoreCap Advisors LLC now owns 8,541 shares of the company’s stock worth $179,000 after acquiring an additional 482 shares during the period. HighTower Advisors LLC raised its position in shares of iShares Latin America 40 ETF by 2.0% during the 3rd quarter. HighTower Advisors LLC now owns 33,730 shares of the company’s stock worth $875,000 after purchasing an additional 661 shares during the last quarter. Family Firm Inc. lifted its stake in iShares Latin America 40 ETF by 3.7% in the 4th quarter. Family Firm Inc. now owns 29,962 shares of the company’s stock valued at $627,000 after buying an additional 1,066 shares in the last quarter. Professional Financial Advisors LLC boosted its holdings in iShares Latin America 40 ETF by 4.4% in the 4th quarter. Professional Financial Advisors LLC now owns 31,099 shares of the company’s stock worth $650,000 after buying an additional 1,306 shares during the last quarter. Finally, GeoWealth Management LLC boosted its holdings in iShares Latin America 40 ETF by 300.4% in the 4th quarter. GeoWealth Management LLC now owns 1,870 shares of the company’s stock worth $39,000 after buying an additional 1,403 shares during the last quarter.

About iShares Latin America 40 ETF

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.