Apollon Wealth Management LLC Lowers Stake in iShares Latin America 40 ETF (NYSEARCA:ILF)

Apollon Wealth Management LLC lessened its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 68.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 10,476 shares of the company’s stock after selling 23,167 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Latin America 40 ETF were worth $271,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of ILF. Carrera Capital Advisors acquired a new position in iShares Latin America 40 ETF in the 2nd quarter valued at $23,035,000. OLD Mission Capital LLC purchased a new position in iShares Latin America 40 ETF during the first quarter worth about $22,305,000. Jane Street Group LLC boosted its stake in iShares Latin America 40 ETF by 80.6% in the 1st quarter. Jane Street Group LLC now owns 1,635,136 shares of the company’s stock worth $46,503,000 after buying an additional 729,607 shares during the last quarter. New Harbor Financial Group LLC purchased a new stake in iShares Latin America 40 ETF in the 2nd quarter valued at about $9,302,000. Finally, Susquehanna International Group LLP increased its stake in shares of iShares Latin America 40 ETF by 116.1% during the 2nd quarter. Susquehanna International Group LLP now owns 629,334 shares of the company’s stock valued at $15,582,000 after acquiring an additional 338,093 shares during the last quarter.

iShares Latin America 40 ETF Price Performance

Shares of ILF stock opened at $24.21 on Tuesday. iShares Latin America 40 ETF has a 1-year low of $22.51 and a 1-year high of $29.83. The firm’s 50-day simple moving average is $25.34 and its 200-day simple moving average is $25.75. The firm has a market cap of $1.37 billion, a P/E ratio of 6.01 and a beta of 0.92.

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.