Marks Wealth LLC Acquires Shares of 679,794 iShares Latin America 40 ETF $ILF

Marks Wealth LLC acquired a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 679,794 shares of the company’s stock, valued at approximately $20,700,000. iShares Latin America 40 ETF accounts for about 6.9% of Marks Wealth LLC’s holdings, making the stock its 7th biggest position.

A number of other large investors also recently modified their holdings of the company. New Harbor Financial Group LLC increased its position in shares of iShares Latin America 40 ETF by 3.9% in the 3rd quarter. New Harbor Financial Group LLC now owns 1,001,885 shares of the company’s stock valued at $28,944,000 after purchasing an additional 37,880 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd purchased a new stake in shares of iShares Latin America 40 ETF in the 4th quarter valued at approximately $27,320,000. Bank of America Corp DE increased its position in shares of iShares Latin America 40 ETF by 79.6% in the 3rd quarter. Bank of America Corp DE now owns 777,310 shares of the company’s stock valued at $22,456,000 after purchasing an additional 344,491 shares during the last quarter. Osborne Partners Capital Management LLC increased its position in shares of iShares Latin America 40 ETF by 0.8% in the 3rd quarter. Osborne Partners Capital Management LLC now owns 682,973 shares of the company’s stock valued at $19,731,000 after purchasing an additional 5,312 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of iShares Latin America 40 ETF by 1,477.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 582,132 shares of the company’s stock valued at $16,818,000 after purchasing an additional 545,231 shares during the last quarter. 45.01% of the stock is owned by hedge funds and other institutional investors.

iShares Latin America 40 ETF Stock Performance

Shares of iShares Latin America 40 ETF stock opened at $36.20 on Monday. The company has a fifty day simple moving average of $35.71 and a 200-day simple moving average of $33.17. iShares Latin America 40 ETF has a 12-month low of $24.50 and a 12-month high of $38.50. The stock has a market cap of $4.94 billion, a price-to-earnings ratio of 10.28 and a beta of 0.70.

iShares Latin America 40 ETF 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).