iShares Core MSCI Pacific ETF $IPAC Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 5,062.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,975 shares of the company’s stock after purchasing an additional 96,077 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.33% of iShares Core MSCI Pacific ETF worth $7,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. grew its stake in iShares Core MSCI Pacific ETF by 8.4% during the 3rd quarter. Bessemer Group Inc. now owns 223,532 shares of the company’s stock worth $16,414,000 after purchasing an additional 17,350 shares in the last quarter. IFP Advisors Inc acquired a new position in iShares Core MSCI Pacific ETF during the 3rd quarter worth $5,339,000. Mandatum Life Insurance Co Ltd grew its stake in iShares Core MSCI Pacific ETF by 18.3% during the 3rd quarter. Mandatum Life Insurance Co Ltd now owns 184,067 shares of the company’s stock worth $13,516,000 after purchasing an additional 28,430 shares in the last quarter. JPMorgan Chase & Co. grew its stake in iShares Core MSCI Pacific ETF by 10.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,016,662 shares of the company’s stock worth $148,084,000 after purchasing an additional 193,606 shares in the last quarter. Finally, ORBA Wealth Advisors L.L.C. acquired a new position in iShares Core MSCI Pacific ETF during the 3rd quarter worth $616,000.

iShares Core MSCI Pacific ETF Price Performance

IPAC opened at $81.89 on Friday. iShares Core MSCI Pacific ETF has a 12 month low of $65.51 and a 12 month high of $83.98. The stock has a market capitalization of $2.54 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. The business has a fifty day moving average price of $79.26 and a 200 day moving average price of $77.56.

iShares Core MSCI Pacific ETF 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.