iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP – Get Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 25,986 shares, a decrease of 95.6% from the June 30th total of 590,561 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 371,202 shares, the short-interest ratio is presently 0.1 days.
iShares MSCI Pacific ex Japan ETF Stock Performance
Shares of EPP stock traded up $0.46 during midday trading on Friday, reaching $55.41. 200,630 shares of the company were exchanged, compared to its average volume of 433,742. iShares MSCI Pacific ex Japan ETF has a 12 month low of $48.92 and a 12 month high of $57.07. The company has a market cap of $2.18 billion, a P/E ratio of 18.02 and a beta of 0.78. The company’s 50 day moving average price is $54.36 and its two-hundred day moving average price is $54.36.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its position in iShares MSCI Pacific ex Japan ETF by 94.6% in the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after purchasing an additional 298 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the 3rd quarter valued at $245,000. Ameriprise Financial Inc. raised its stake in shares of iShares MSCI Pacific ex Japan ETF by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock worth $4,851,000 after buying an additional 953 shares in the last quarter. IFP Advisors Inc raised its stake in shares of iShares MSCI Pacific ex Japan ETF by 130.7% in the 3rd quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock worth $69,000 after buying an additional 757 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF in the fourth quarter valued at $43,000. Institutional investors and hedge funds own 74.75% of the company’s stock.
About iShares MSCI Pacific ex Japan ETF
iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.
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