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D.A. Davidson and CO. purchased a new stake in iShares Latin America 40 ETF (NYSEARCA:ILF) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 71,814 shares of the company's stock, valued at approximately $2,551,000. D.A. Davidson and
The iShares Latin America 40 ETF (NYSEARCA:ILF) is the default vehicle for U.S. investors who want regional exposure without having to set country weights themselves. ILF tracks the S&P Latin America 40 Index, holds 52 companies, and manages $4.14 billion at a 0.47% expense ratio. The fund has performed well recently, returning 32.44% over the... Skip Broad Latin America. This Single-Country Fund Is Where the Reform Rally Is
iShares Latin America 40 ETF is reiterated as a "Buy," supported by attractive valuation and technical support near the 200-day moving average. ILF trades at a low 9.8x P/E, offers a 2.90% yield, and is heavily weighted toward Financials and Energy, with no Tech exposure. Momentum has cooled, but cyclical sector dominance and July seasonality suggest a favorable near-term risk/reward profile.
Although not uniform across the region, a number of Latin American equity markets have outperformed the S&P 500 year to date (YTD). Emerging markets in Peru, Colombia, Brazil, and elsewhere have all beaten the S&P's 9% YTD returns, thanks to a combination of factors, including higher prices for certain commodities, growing AI-related demand for outputs such as copper, lithium, and nickel, and favorable company valuations.
The iShares Latin America 40 ETF has surged over the past year, along with many individual country markets in the region. Latin America benefits from commodity booms and favorable political trends, but ILF may miss out on key growth themes like rising middle-class consumption. The portfolio is heavily tied to Brazil and doesn't offer much diversification around the region's smaller countries.
The iShares MSCI Peru and Global Exposure ETF covers 25 stocks, with only 66% of its holdings consisting of Peruvian pure-plays. EPU is heavily weighted toward cyclical sectors, especially materials (52%), and its top two holdings comprise 46% of the portfolio, amplifying concentration risk. EPU suits investors with aggressive risk appetites seeking to profit from a potential commodity supercycle or the growth of trade.
Assetmark Inc. lessened its position in iShares Latin America 40 ETF (NYSEARCA:ILF) by 5.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,795,156 shares of the company's stock after selling 112,287 shares during the quarter. Assetmark
iShares Latin America 40 ETF (NYSEARCA:ILF - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $38.42 and last traded at $38.10, with a volume of 4555952 shares trading hands. The stock had previously closed at $38.08. iShares Latin America 40 ETF Stock Performance