iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP – Get Free Report) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 24,243 shares, a decline of 86.6% from the August 15th total of 180,345 shares. Based on an average daily volume of 219,363 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.
iShares MSCI Pacific ex Japan ETF Stock Up 0.5%
EPP traded up $0.29 during midday trading on Friday, reaching $56.51. The company had a trading volume of 94,197 shares, compared to its average volume of 400,851. The business has a 50-day moving average of $56.52 and a two-hundred day moving average of $55.29. iShares MSCI Pacific ex Japan ETF has a 1 year low of $48.93 and a 1 year high of $58.56. The company has a market cap of $2.22 billion, a P/E ratio of 18.02 and a beta of 0.78.
Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Syon Capital LLC lifted its position in shares of iShares MSCI Pacific ex Japan ETF by 25.8% in the second quarter. Syon Capital LLC now owns 189,423 shares of the company’s stock valued at $10,089,000 after acquiring an additional 38,905 shares in the last quarter. Continuum Advisory LLC purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF during the second quarter worth about $97,000. Resolute Advisors LLC raised its stake in iShares MSCI Pacific ex Japan ETF by 1.5% during the 2nd quarter. Resolute Advisors LLC now owns 21,915 shares of the company’s stock valued at $1,167,000 after purchasing an additional 330 shares during the period. Navellier & Associates Inc. bought a new stake in iShares MSCI Pacific ex Japan ETF during the 2nd quarter valued at approximately $695,000. Finally, Financial Management Professionals Inc. purchased a new position in iShares MSCI Pacific ex Japan ETF in the 2nd quarter worth approximately $933,000. Institutional investors 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.
Featured Stories
- Five stocks we like better than iShares MSCI Pacific ex Japan ETF
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
Receive News & Ratings for iShares MSCI Pacific ex Japan ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares MSCI Pacific ex Japan ETF and related companies with MarketBeat.com's FREE daily email newsletter.
