Hsbc Holdings PLC Boosts Holdings in iShares Latin America 40 ETF $ILF

Hsbc Holdings PLC boosted its stake in iShares Latin America 40 ETF (NYSEARCA:ILF) by 8,903.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,467,032 shares of the company’s stock after acquiring an additional 2,439,632 shares during the period. Hsbc Holdings PLC owned 1.81% of iShares Latin America 40 ETF worth $87,629,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the stock. Game Plan Financial Advisors LLC bought a new position in shares of iShares Latin America 40 ETF during the 4th quarter valued at approximately $36,000. Van Den Berg Management I Inc. bought a new stake in shares of iShares Latin America 40 ETF in the 4th quarter worth approximately $40,000. Private Trust Co. NA lifted its stake in iShares Latin America 40 ETF by 61.4% in the fourth quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock valued at $58,000 after purchasing an additional 726 shares during the last quarter. IFP Advisors Inc lifted its stake in iShares Latin America 40 ETF by 1,095.3% in the third quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock valued at $66,000 after purchasing an additional 2,103 shares during the last quarter. Finally, Comerica Bank grew its holdings in iShares Latin America 40 ETF by 258.0% during the first quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after purchasing an additional 2,188 shares during the period. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Price Performance

NYSEARCA:ILF opened at $34.07 on Monday. The business has a fifty day simple moving average of $34.30 and a two-hundred day simple moving average of $34.82. iShares Latin America 40 ETF has a 1 year low of $24.67 and a 1 year high of $38.50. The company has a market capitalization of $3.71 billion, a P/E ratio of 10.28 and a beta of 0.68.

iShares Latin America 40 ETF 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).