iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Sets New 1-Year High at $64.29

Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $64.29 and last traded at $63.97, with a volume of 4826 shares trading hands. The stock had previously closed at $63.97.

iShares Core MSCI Pacific ETF Stock Down 0.7 %

The company has a market cap of $2.09 billion, a P/E ratio of 13.70 and a beta of 0.82. The firm’s 50 day moving average is $61.59 and its two-hundred day moving average is $61.71.

Hedge Funds Weigh In On iShares Core MSCI Pacific ETF

A number of hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. increased its stake in shares of iShares Core MSCI Pacific ETF by 7.5% in the 1st quarter. Blue Trust Inc. now owns 7,263,041 shares of the company’s stock valued at $459,823,000 after acquiring an additional 505,506 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its position in shares of iShares Core MSCI Pacific ETF by 4.6% in the first quarter. Municipal Employees Retirement System of Michigan now owns 4,683,690 shares of the company’s stock valued at $296,524,000 after acquiring an additional 207,000 shares during the period. Charles Schwab Investment Management Inc. grew its stake in iShares Core MSCI Pacific ETF by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,183,335 shares of the company’s stock valued at $248,950,000 after acquiring an additional 262,634 shares in the last quarter. Jane Street Group LLC increased its holdings in iShares Core MSCI Pacific ETF by 434.1% during the 1st quarter. Jane Street Group LLC now owns 1,265,821 shares of the company’s stock worth $80,139,000 after acquiring an additional 1,028,817 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Core MSCI Pacific ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 843,952 shares of the company’s stock worth $51,667,000 after buying an additional 19,957 shares in the last quarter.

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.