Assetmark Inc. Boosts Position in iShares Latin America 40 ETF $ILF

Assetmark Inc. increased its holdings in iShares Latin America 40 ETF (NYSEARCA:ILF) by 1,605.2% in the second quarter, HoldingsChannel.com reports. The fund owned 2,064,352 shares of the company’s stock after acquiring an additional 1,943,287 shares during the period. Assetmark Inc.’s holdings in iShares Latin America 40 ETF were worth $54,107,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ILF. Envestnet Asset Management Inc. increased its position in iShares Latin America 40 ETF by 525.3% during the 1st quarter. Envestnet Asset Management Inc. now owns 745,129 shares of the company’s stock valued at $17,548,000 after purchasing an additional 625,971 shares during the period. Carrera Capital Advisors boosted its stake in shares of iShares Latin America 40 ETF by 341.7% during the 2nd quarter. Carrera Capital Advisors now owns 340,904 shares of the company’s stock valued at $8,935,000 after purchasing an additional 263,724 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in shares of iShares Latin America 40 ETF by 1,065.9% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 285,077 shares of the company’s stock valued at $6,714,000 after purchasing an additional 260,626 shares in the last quarter. Venturi Wealth Management LLC purchased a new position in shares of iShares Latin America 40 ETF during the second quarter valued at about $6,569,000. Finally, Stonehearth Capital Management LLC purchased a new position in shares of iShares Latin America 40 ETF during the second quarter valued at about $6,368,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Price Performance

ILF stock opened at $29.39 on Friday. iShares Latin America 40 ETF has a 1 year low of $20.83 and a 1 year high of $29.65. The firm has a 50-day moving average of $28.04 and a 200 day moving average of $26.31. The company has a market cap of $2.04 billion, a P/E ratio of 10.28 and a beta of 0.90.

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.