Wealthfront Advisers LLC Buys Shares of 18,029 iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Wealthfront Advisers LLC bought a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the fourth quarter, Holdings Channel.com reports. The fund bought 18,029 shares of the company’s stock, valued at approximately $1,102,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Aveo Capital Partners LLC increased its position in iShares Core MSCI Pacific ETF by 4.9% during the 4th quarter. Aveo Capital Partners LLC now owns 6,181 shares of the company’s stock valued at $378,000 after purchasing an additional 291 shares during the period. Wingate Wealth Advisors Inc. acquired a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth approximately $52,000. Global Financial Private Client LLC grew its position in shares of iShares Core MSCI Pacific ETF by 8.9% during the 4th quarter. Global Financial Private Client LLC now owns 11,420 shares of the company’s stock worth $698,000 after buying an additional 934 shares during the period. AlphaStar Capital Management LLC grew its position in shares of iShares Core MSCI Pacific ETF by 9.6% during the 4th quarter. AlphaStar Capital Management LLC now owns 10,869 shares of the company’s stock worth $664,000 after buying an additional 954 shares during the period. Finally, Vontobel Holding Ltd. grew its position in shares of iShares Core MSCI Pacific ETF by 5.0% during the 4th quarter. Vontobel Holding Ltd. now owns 21,011 shares of the company’s stock worth $1,284,000 after buying an additional 999 shares during the period.

iShares Core MSCI Pacific ETF Stock Up 1.5 %

Shares of IPAC stock opened at $63.41 on Friday. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 16.08 and a beta of 0.74. iShares Core MSCI Pacific ETF has a 52 week low of $55.89 and a 52 week high of $67.43. The firm has a 50 day moving average of $62.20 and a 200-day moving average of $63.22.

iShares Core MSCI Pacific ETF Company Profile

The iShares Core MSCI Pacific ETF (IPAC) is an exchange-traded fund that is based on the MSCI Pacific IMI index, a market-cap-weighted index of developed Pacific securities. IPAC was launched on Jun 10, 2014 and is managed by BlackRock.