iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Hits New 12-Month High – What’s Next?

Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $68.50 and last traded at $68.48, with a volume of 4748 shares. The stock had previously closed at $68.03.

iShares Core MSCI Pacific ETF Trading Down 0.8%

The company has a market cap of $2.19 billion, a PE ratio of 15.36 and a beta of 0.71. The business’s 50-day simple moving average is $65.01 and its 200-day simple moving average is $63.23.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Atria Wealth Solutions Inc. bought a new position in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at $316,000. LPL Financial LLC raised its holdings in shares of iShares Core MSCI Pacific ETF by 14.4% during the 4th quarter. LPL Financial LLC now owns 83,709 shares of the company’s stock valued at $5,115,000 after purchasing an additional 10,555 shares in the last quarter. HighTower Advisors LLC grew its stake in iShares Core MSCI Pacific ETF by 2.6% in the 4th quarter. HighTower Advisors LLC now owns 12,594 shares of the company’s stock valued at $769,000 after buying an additional 315 shares during the last quarter. Signaturefd LLC acquired a new position in iShares Core MSCI Pacific ETF in the 4th quarter valued at $38,000. Finally, Jane Street Group LLC acquired a new position in iShares Core MSCI Pacific ETF in the 4th quarter valued at $2,027,000.

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.