Stonehearth Capital Management LLC Sells 165,095 Shares of iShares Latin America 40 ETF $ILF

Stonehearth Capital Management LLC trimmed its stake in shares of iShares Latin America 40 ETF (NYSEARCA:ILF) by 74.3% in the first quarter, Holdings Channel.com reports. The firm owned 57,179 shares of the company’s stock after selling 165,095 shares during the quarter. iShares Latin America 40 ETF comprises approximately 0.8% of Stonehearth Capital Management LLC’s investment portfolio, making the stock its 19th biggest position. Stonehearth Capital Management LLC’s holdings in iShares Latin America 40 ETF were worth $2,031,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in ILF. CI Investments Inc. boosted its position in iShares Latin America 40 ETF by 10,566.0% in the fourth quarter. CI Investments Inc. now owns 2,133,200 shares of the company’s stock valued at $64,956,000 after buying an additional 2,113,200 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd acquired a new position in shares of iShares Latin America 40 ETF during the fourth quarter worth $27,320,000. Marks Wealth LLC bought a new position in shares of iShares Latin America 40 ETF in the 4th quarter valued at $20,700,000. LPL Financial LLC lifted its stake in shares of iShares Latin America 40 ETF by 81.2% in the 4th quarter. LPL Financial LLC now owns 1,157,180 shares of the company’s stock valued at $35,236,000 after acquiring an additional 518,704 shares during the last quarter. Finally, Trek Financial LLC acquired a new stake in shares of iShares Latin America 40 ETF during the 4th quarter valued at $13,733,000. Institutional investors own 45.01% of the company’s stock.

iShares Latin America 40 ETF Stock Down 1.4%

Shares of ILF stock opened at $33.52 on Wednesday. The firm has a market capitalization of $4.58 billion, a P/E ratio of 10.28 and a beta of 0.68. iShares Latin America 40 ETF has a twelve month low of $24.67 and a twelve month high of $38.50. The stock’s fifty day simple moving average is $35.42 and its 200 day simple moving average is $34.42.

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).