Gallacher Capital Management LLC Sells 649 Shares of iShares Latin America 40 ETF (NYSEARCA:ILF)

Gallacher Capital Management LLC cut its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 1.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 55,589 shares of the company’s stock after selling 649 shares during the period. iShares Latin America 40 ETF comprises about 0.9% of Gallacher Capital Management LLC’s portfolio, making the stock its 19th biggest holding. Gallacher Capital Management LLC’s holdings in iShares Latin America 40 ETF were worth $1,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ILF. Sound Income Strategies LLC bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at $47,000. Baker Avenue Asset Management LP acquired a new stake in iShares Latin America 40 ETF during the third quarter worth about $54,000. HM Payson & Co. bought a new position in iShares Latin America 40 ETF in the 3rd quarter valued at about $64,000. Headlands Technologies LLC acquired a new position in shares of iShares Latin America 40 ETF in the 4th quarter valued at approximately $78,000. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of iShares Latin America 40 ETF during the 4th quarter worth approximately $204,000.

iShares Latin America 40 ETF Stock Performance

Shares of NYSEARCA ILF traded up $0.42 during trading hours on Friday, hitting $28.26. 671,643 shares of the stock were exchanged, compared to its average volume of 1,150,735. The company’s fifty day simple moving average is $27.94 and its two-hundred day simple moving average is $27.78. The company has a market cap of $1.60 billion, a PE ratio of 6.01 and a beta of 0.92. iShares Latin America 40 ETF has a 1-year low of $23.70 and a 1-year high of $29.83.

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.