Brown Miller Wealth Management LLC Takes $297,000 Position in iShares Latin America 40 ETF (NYSEARCA:ILF)

Brown Miller Wealth Management LLC bought a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,205 shares of the company’s stock, valued at approximately $297,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Jane Street Group LLC lifted its stake in iShares Latin America 40 ETF by 155.1% during the 4th quarter. Jane Street Group LLC now owns 3,300,746 shares of the company’s stock valued at $75,554,000 after acquiring an additional 2,006,849 shares in the last quarter. Industrial Alliance Investment Management Inc. purchased a new stake in shares of iShares Latin America 40 ETF during the 1st quarter valued at $45,366,000. Total Investment Management Inc. increased its position in shares of iShares Latin America 40 ETF by 8,554.9% during the 1st quarter. Total Investment Management Inc. now owns 859,086 shares of the company’s stock valued at $20,506,000 after purchasing an additional 849,160 shares during the last quarter. Allianz Asset Management GmbH purchased a new stake in shares of iShares Latin America 40 ETF during the 1st quarter valued at $16,713,000. Finally, Goldman Sachs Group Inc. increased its holdings in iShares Latin America 40 ETF by 181.3% in the 2nd quarter. Goldman Sachs Group Inc. now owns 803,497 shares of the company’s stock worth $21,831,000 after acquiring an additional 517,810 shares during the last quarter.

iShares Latin America 40 ETF Price Performance

ILF stock traded up $0.11 during mid-day trading on Thursday, reaching $28.46. 409,756 shares of the company traded hands, compared to its average volume of 1,190,334. The company has a market capitalization of $1.50 billion, a P/E ratio of 6.90 and a beta of 1.00. iShares Latin America 40 ETF has a 52-week low of $23.28 and a 52-week high of $29.83. The company has a fifty day moving average price of $28.09 and a 200-day moving average price of $27.32.

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.