iShares Latin America 40 ETF (NYSEARCA:ILF) Sees Unusually-High Trading Volume – What’s Next?

Shares of iShares Latin America 40 ETF (NYSEARCA:ILF) saw unusually-high trading volume on Wednesday . Approximately 1,987,969 shares traded hands during mid-day trading, an increase of 68% from the previous session’s volume of 1,184,892 shares.The stock last traded at $22.58 and had previously closed at $22.24.

iShares Latin America 40 ETF Trading Up 0.6 %

The stock has a market cap of $1.26 billion, a PE ratio of 8.99 and a beta of 1.14. The firm has a fifty day simple moving average of $22.49 and a two-hundred day simple moving average of $23.94.

Hedge Funds Weigh In On iShares Latin America 40 ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of ILF. GeoWealth Management LLC boosted its holdings in shares of iShares Latin America 40 ETF by 300.4% in the 4th quarter. GeoWealth Management LLC now owns 1,870 shares of the company’s stock worth $39,000 after purchasing an additional 1,403 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its position in iShares Latin America 40 ETF by 2,500.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 2,600 shares of the company’s stock valued at $54,000 after buying an additional 2,500 shares during the period. SBI Securities Co. Ltd. bought a new position in shares of iShares Latin America 40 ETF during the fourth quarter valued at about $92,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of iShares Latin America 40 ETF by 2,200.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,600 shares of the company’s stock worth $96,000 after buying an additional 4,400 shares during the period. Finally, CoreCap Advisors LLC increased its holdings in shares of iShares Latin America 40 ETF by 6.0% in the fourth quarter. CoreCap Advisors LLC now owns 8,541 shares of the company’s stock worth $179,000 after buying an additional 482 shares during the period.

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.