Verus Financial Partners Inc. Acquires New Position in iShares Latin America 40 ETF $ILF

Verus Financial Partners Inc. bought a new position in iShares Latin America 40 ETF (NYSEARCA:ILF) in the third quarter, according to its most recent filing with the SEC. The firm bought 16,374 shares of the company’s stock, valued at approximately $565,000.

A number of other institutional investors also recently bought and sold shares of ILF. Bank of America Corp DE grew its position in 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 worth $89,042,000 after purchasing an additional 554,633 shares during the last quarter. Hsbc Holdings PLC raised its holdings in shares of iShares Latin America 40 ETF by 8,903.8% in the first quarter. Hsbc Holdings PLC now owns 2,467,032 shares of the company’s stock worth $87,629,000 after buying an additional 2,439,632 shares during the last quarter. Bank of Nova Scotia raised its holdings in shares of iShares Latin America 40 ETF by 149.9% in the first quarter. Bank of Nova Scotia now owns 1,107,333 shares of the company’s stock worth $39,332,000 after buying an additional 664,200 shares during the last quarter. New Harbor Financial Group LLC purchased a new position in shares of iShares Latin America 40 ETF in the third quarter worth $36,835,000. Finally, Journey Advisory Group LLC raised its holdings in shares of iShares Latin America 40 ETF by 46.2% in the first quarter. Journey Advisory Group LLC now owns 801,157 shares of the company’s stock worth $28,457,000 after buying an additional 253,156 shares during the last quarter. 45.01% of the stock is currently owned by institutional investors and hedge funds.

iShares Latin America 40 ETF Trading Down 1.7%

NYSEARCA:ILF opened at $32.13 on Friday. iShares Latin America 40 ETF has a 12 month low of $29.08 and a 12 month high of $38.50. The firm has a fifty day simple moving average of $35.76 and a 200-day simple moving average of $35.19. The company has a market capitalization of $3.37 billion, a P/E ratio of 10.28 and a beta of 0.65.

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).