The Manufacturers Life Insurance Company Invests $1.92 Million in iShares Latin America 40 ETF $ILF

The Manufacturers Life Insurance Company bought a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 53,969 shares of the company’s stock, valued at approximately $1,917,000.

A number of other large investors have also added to or reduced their stakes in the company. Morgan Stanley lifted its stake in iShares Latin America 40 ETF by 8.9% during the fourth quarter. Morgan Stanley now owns 4,321,968 shares of the company’s stock worth $131,604,000 after purchasing an additional 352,612 shares during the last quarter. Hsbc Holdings PLC lifted its position in iShares Latin America 40 ETF by 8,903.8% in the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after buying an additional 2,439,632 shares during the last quarter. CI Investments Inc. boosted its stake in iShares Latin America 40 ETF by 10,566.0% in the fourth quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock worth $64,956,000 after buying an additional 2,113,200 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares Latin America 40 ETF by 37.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,163,461 shares of the company’s stock worth $35,427,000 after buying an additional 316,553 shares in the last quarter. Finally, LPL Financial LLC grew its position in iShares Latin America 40 ETF by 81.2% during the fourth quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after acquiring an additional 518,704 shares during the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Performance

Shares of ILF opened at $34.62 on Monday. iShares Latin America 40 ETF has a fifty-two week low of $25.68 and a fifty-two week high of $38.50. The firm has a market cap of $3.76 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. The firm has a 50 day moving average price of $34.22 and a 200-day moving average price of $35.16.

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).