Cumberland Advisors Inc. Reduces Holdings in iShares Latin America 40 ETF (NYSEARCA:ILF)

Cumberland Advisors Inc. trimmed its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 3.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 151,900 shares of the company’s stock after selling 5,010 shares during the quarter. iShares Latin America 40 ETF accounts for 1.4% of Cumberland Advisors Inc.’s portfolio, making the stock its 22nd biggest position. Cumberland Advisors Inc.’s holdings in iShares Latin America 40 ETF were worth $4,797,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Old Port Advisors lifted its position in iShares Latin America 40 ETF by 2.1% during the 3rd quarter. Old Port Advisors now owns 85,512 shares of the company’s stock valued at $2,716,000 after acquiring an additional 1,745 shares during the period. Hexavest Inc. purchased a new position in iShares Latin America 40 ETF during the 3rd quarter valued at about $880,000. Foundations Investment Advisors LLC lifted its position in iShares Latin America 40 ETF by 92.9% during the 3rd quarter. Foundations Investment Advisors LLC now owns 27,720 shares of the company’s stock valued at $860,000 after acquiring an additional 13,349 shares during the period. Belvedere Advisors LLC lifted its position in iShares Latin America 40 ETF by 143.8% during the 2nd quarter. Belvedere Advisors LLC now owns 35,926 shares of the company’s stock valued at $1,212,000 after acquiring an additional 21,193 shares during the period. Finally, Provida Pension Fund Administrator purchased a new position in iShares Latin America 40 ETF during the 2nd quarter valued at about $130,643,000.

NYSEARCA ILF traded up $0.69 during trading hours on Friday, reaching $32.05. 162,150 shares of the company’s stock traded hands, compared to its average volume of 1,419,840. iShares Latin America 40 ETF has a 52-week low of $29.01 and a 52-week high of $35.66. The firm has a 50-day simple moving average of $31.20 and a 200 day simple moving average of $32.61.

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.

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Institutional Ownership by Quarter for iShares Latin America 40 ETF (NYSEARCA:ILF)

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