Trading volume in ILF spiked yesterday compared to the daily average, with more than 1.5 million shares changing hands versus ADV of 497,000 shares, and we expect to see a heightened level of activity in this fund in the near term due to its exposure across several Latin American countries that are now in some cases, in the daily market headlines (Brazil 54.95%, Mexico 27.13%, Chile 10.79%, Colombia 3.13% and Peru 2.48%).
Missing from this list is Argentina which has been exceptionally active in 2014 as well, and we are watching ARGT (Global X FTSE Argentina 20, Expense Ratio 0.75%) which has traded a multiple of its typical daily volume this week during every trading session on a steep sell-off.
iShares Latin American 40 ETF
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].
Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer. All trades are executed through GWM Group (RLCC) and cleared by Fidelity (NFS)DTC number 0226. Street One Financial LLC makes available products and services offered by GWM Group Inc., a registered broker-dealer and Member Securities Investor Protection Corporation (SIPC), Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.