Raymond James Financial Inc. Makes New $2.60 Million Investment in iShares Latin America 40 ETF (NYSEARCA:ILF)

Raymond James Financial Inc. purchased a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 124,554 shares of the company’s stock, valued at approximately $2,604,000.

Several other hedge funds also recently bought and sold shares of ILF. Thrivent Financial for Lutherans lifted its stake in shares of iShares Latin America 40 ETF by 10.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 39,730 shares of the company’s stock worth $1,029,000 after purchasing an additional 3,799 shares during the period. Freedom Investment Management Inc. lifted its stake in shares of iShares Latin America 40 ETF by 8.9% during the third quarter. Freedom Investment Management Inc. now owns 19,886 shares of the company’s stock worth $515,000 after purchasing an additional 1,626 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in iShares Latin America 40 ETF in the 3rd quarter worth approximately $500,000. Hollow Brook Wealth Management LLC boosted its stake in shares of iShares Latin America 40 ETF by 2.3% in the third quarter. Hollow Brook Wealth Management LLC now owns 126,592 shares of the company’s stock valued at $3,280,000 after purchasing an additional 2,873 shares during the period. Finally, HighTower Advisors LLC grew its stake in shares of iShares Latin America 40 ETF by 2.0% during the third quarter. HighTower Advisors LLC now owns 33,730 shares of the company’s stock valued at $875,000 after acquiring an additional 661 shares in the last quarter.

iShares Latin America 40 ETF Stock Down 1.4 %

ILF stock opened at $23.77 on Friday. The stock’s 50 day moving average is $23.27 and its two-hundred day moving average is $23.67. The company has a market capitalization of $1.31 billion, a PE ratio of 11.21 and a beta of 1.14. iShares Latin America 40 ETF has a 52-week low of $20.83 and a 52-week high of $29.05.

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.