Hsbc Holdings PLC Grows Position in iShares Latin America 40 ETF $ILF

Hsbc Holdings PLC grew its holdings in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 8,903.8% in the first quarter, Holdings Channel.com reports. The firm owned 2,467,032 shares of the company’s stock after buying an additional 2,439,632 shares during the period. Hsbc Holdings PLC’s holdings in iShares Latin America 40 ETF were worth $87,629,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of ILF. Game Plan Financial Advisors LLC bought a new stake in shares of iShares Latin America 40 ETF in the fourth quarter valued at approximately $36,000. Van Den Berg Management I Inc. purchased a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at approximately $40,000. Private Trust Co. NA boosted its holdings in iShares Latin America 40 ETF by 61.4% in the 4th quarter. Private Trust Co. NA now owns 1,909 shares of the company’s stock worth $58,000 after buying an additional 726 shares during the period. IFP Advisors Inc boosted its holdings in iShares Latin America 40 ETF by 1,095.3% in the 3rd quarter. IFP Advisors Inc now owns 2,295 shares of the company’s stock worth $66,000 after buying an additional 2,103 shares during the period. Finally, Comerica Bank grew its stake in iShares Latin America 40 ETF by 258.0% in the 1st quarter. Comerica Bank now owns 3,036 shares of the company’s stock valued at $72,000 after buying an additional 2,188 shares in the last quarter. Hedge funds and other institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Price Performance

Shares of ILF stock opened at $34.07 on Monday. The stock has a market capitalization of $3.71 billion, a price-to-earnings ratio of 10.28 and a beta of 0.68. The company’s fifty day simple moving average is $34.30 and its two-hundred day simple moving average is $34.82. iShares Latin America 40 ETF has a 1 year low of $24.67 and a 1 year high of $38.50.

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