Richardson Financial Services Inc. Buys 18,681 Shares of iShares Latin America 40 ETF $ILF

Richardson Financial Services Inc. purchased a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 18,681 shares of the company’s stock, valued at approximately $644,000.

Other hedge funds also recently made changes to their positions in the company. Bank of America Corp DE raised its stake in shares of iShares Latin America 40 ETF by 28.4% during the 1st quarter. Bank of America Corp DE now owns 2,506,803 shares of the company’s stock valued at $89,042,000 after purchasing an additional 554,633 shares during the period. Hsbc Holdings PLC boosted its stake in iShares Latin America 40 ETF by 8,903.8% in the 1st quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after purchasing an additional 2,439,632 shares during the period. Bank of Nova Scotia boosted its stake in iShares Latin America 40 ETF by 149.9% in the 1st quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock worth $39,332,000 after purchasing an additional 664,200 shares during the period. New Harbor Financial Group LLC bought a new position in iShares Latin America 40 ETF in the 3rd quarter worth about $36,835,000. Finally, Journey Advisory Group LLC grew its holdings in iShares Latin America 40 ETF by 46.2% during the 1st quarter. Journey Advisory Group LLC now owns 801,157 shares of the company’s stock valued at $28,457,000 after buying an additional 253,156 shares in the last quarter. 45.01% of the stock is currently owned by hedge funds and other institutional investors.

iShares Latin America 40 ETF Stock Up 1.6%

ILF stock opened at $32.35 on Thursday. The firm has a market capitalization of $3.38 billion, a PE ratio of 10.28 and a beta of 0.71. iShares Latin America 40 ETF has a twelve month low of $29.39 and a twelve month high of $38.50. The stock has a 50-day simple moving average of $35.59 and a two-hundred day simple moving average of $35.19.

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. The Index includes securities that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P).