iShares Core MSCI Pacific ETF (NYSEARCA:IPAC – Get Free Report) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 321,530 shares, an increase of 415.8% from the June 30th total of 62,332 shares. Approximately 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 140,890 shares, the short-interest ratio is presently 2.3 days.
Institutional Trading of iShares Core MSCI Pacific ETF
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Canandaigua National Bank & Trust Co. bought a new position in shares of iShares Core MSCI Pacific ETF in the second quarter valued at $234,000. CoreCap Advisors LLC increased its position in shares of iShares Core MSCI Pacific ETF by 3,825.0% during the second quarter. CoreCap Advisors LLC now owns 628 shares of the company’s stock worth $51,000 after acquiring an additional 612 shares in the last quarter. Blue Edge Capital LLC raised its holdings in shares of iShares Core MSCI Pacific ETF by 13.9% in the 1st quarter. Blue Edge Capital LLC now owns 147,650 shares of the company’s stock worth $11,297,000 after acquiring an additional 18,026 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of iShares Core MSCI Pacific ETF by 3.6% in the 1st quarter. Bank of America Corp DE now owns 203,974 shares of the company’s stock worth $15,606,000 after acquiring an additional 7,126 shares during the last quarter. Finally, Quantinno Capital Management LP lifted its position in iShares Core MSCI Pacific ETF by 12.6% in the 1st quarter. Quantinno Capital Management LP now owns 19,202 shares of the company’s stock valued at $1,469,000 after acquiring an additional 2,143 shares in the last quarter.
iShares Core MSCI Pacific ETF Stock Up 0.5%
NYSEARCA:IPAC traded up $0.39 on Friday, hitting $81.54. The stock had a trading volume of 50,657 shares, compared to its average volume of 126,850. iShares Core MSCI Pacific ETF has a 52 week low of $67.88 and a 52 week high of $84.63. The business’s fifty day moving average is $82.21 and its 200 day moving average is $80.15. The company has a market cap of $2.62 billion, a PE ratio of 15.73 and a beta of 0.70.
About iShares Core MSCI Pacific ETF
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.
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