iShares Latin America 40 ETF (NYSEARCA:ILF) Shares Gap Down – Should You Sell?

iShares Latin America 40 ETF (NYSEARCA:ILF)’s share price gapped down prior to trading on Friday . The stock had previously closed at $23.56, but opened at $23.00. iShares Latin America 40 ETF shares last traded at $22.92, with a volume of 49,311 shares.

iShares Latin America 40 ETF Trading Down 1.7 %

The stock has a 50 day simple moving average of $25.05 and a 200-day simple moving average of $25.54. The firm has a market cap of $1.31 billion, a PE ratio of 6.01 and a beta of 0.92.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Atwood & Palmer Inc. purchased a new stake in iShares Latin America 40 ETF in the 2nd quarter worth $31,000. International Assets Investment Management LLC purchased a new position in shares of iShares Latin America 40 ETF during the second quarter valued at about $64,000. Truist Financial Corp bought a new stake in shares of iShares Latin America 40 ETF in the second quarter worth about $227,000. Foundations Investment Advisors LLC purchased a new stake in shares of iShares Latin America 40 ETF in the second quarter worth about $239,000. Finally, PFG Investments LLC bought a new position in iShares Latin America 40 ETF during the third quarter valued at approximately $244,000.

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.