iShares Core MSCI Pacific ETF (NYSEARCA:IPAC – Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $87.12 and last traded at $87.14, with a volume of 19433 shares. The stock had previously closed at $85.64.
iShares Core MSCI Pacific ETF Price Performance
The company has a market cap of $2.80 billion, a PE ratio of 15.73 and a beta of 0.71. The company has a fifty day moving average price of $83.59 and a 200 day moving average price of $81.56.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in iShares Core MSCI Pacific ETF by 9.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,201,616 shares of the company’s stock valued at $161,180,000 after purchasing an additional 184,954 shares in the last quarter. Bessemer Group Inc. grew its position in iShares Core MSCI Pacific ETF by 72.3% during the fourth quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock valued at $28,203,000 after acquiring an additional 161,676 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core MSCI Pacific ETF by 5,062.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock worth $7,173,000 after acquiring an additional 96,077 shares in the last quarter. UBS Group AG raised its stake in shares of iShares Core MSCI Pacific ETF by 87.5% during the fourth quarter. UBS Group AG now owns 166,222 shares of the company’s stock worth $12,169,000 after acquiring an additional 77,547 shares in the last quarter. Finally, ES4 LLC bought a new stake in shares of iShares Core MSCI Pacific ETF in the 4th quarter worth approximately $3,742,000.
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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