Sumitomo Mitsui Trust Group Inc. Invests $2.26 Million in iShares Latin America 40 ETF $ILF

Sumitomo Mitsui Trust Group Inc. bought a new stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) during the 1st quarter, HoldingsChannel.com reports. The fund bought 63,623 shares of the company’s stock, valued at approximately $2,260,000.

Several other hedge funds have also added to or reduced their stakes in ILF. PNC Financial Services Group Inc. grew its stake in shares of iShares Latin America 40 ETF by 0.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 38,294 shares of the company’s stock valued at $1,166,000 after buying an additional 288 shares during the last quarter. Verus Financial Partners Inc. boosted its holdings in iShares Latin America 40 ETF by 2.0% during the 4th quarter. Verus Financial Partners Inc. now owns 16,204 shares of the company’s stock valued at $493,000 after acquiring an additional 311 shares during the period. Trexquant Investment LP boosted its holdings in iShares Latin America 40 ETF by 2.5% during the 4th quarter. Trexquant Investment LP now owns 13,026 shares of the company’s stock valued at $397,000 after acquiring an additional 314 shares during the period. Schroder Investment Management Group grew its position in iShares Latin America 40 ETF by 0.4% during the 4th quarter. Schroder Investment Management Group now owns 93,799 shares of the company’s stock worth $2,875,000 after acquiring an additional 362 shares during the last quarter. Finally, Gold Investment Management Ltd. grew its position in iShares Latin America 40 ETF by 3.5% during the 4th quarter. Gold Investment Management Ltd. now owns 12,154 shares of the company’s stock worth $370,000 after acquiring an additional 413 shares during the last quarter. 45.01% of the stock is owned by institutional investors.

iShares Latin America 40 ETF Price Performance

Shares of iShares Latin America 40 ETF stock opened at $34.66 on Thursday. iShares Latin America 40 ETF has a one year low of $24.67 and a one year high of $38.50. The business’s 50 day simple moving average is $34.39 and its two-hundred day simple moving average is $34.77. The stock has a market capitalization of $3.77 billion, a P/E ratio of 10.28 and a beta of 0.68.

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. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).