iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sets New 1-Year High – What’s Next?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $57.08 and last traded at $56.80, with a volume of 160883 shares traded. The stock had previously closed at $56.44.

iShares MSCI Pacific ex Japan ETF Stock Performance

The company has a market cap of $2.22 billion, a P/E ratio of 18.02 and a beta of 0.78. The stock has a 50-day moving average of $54.41 and a two-hundred day moving average of $54.43.

Institutional Investors Weigh In On iShares MSCI Pacific ex Japan ETF

Institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp increased its holdings in shares of iShares MSCI Pacific ex Japan ETF by 94.6% during the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock valued at $27,000 after acquiring an additional 298 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in iShares MSCI Pacific ex Japan ETF in the 4th quarter worth about $43,000. IFP Advisors Inc grew its position in iShares MSCI Pacific ex Japan ETF by 130.7% during the 3rd quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock valued at $69,000 after purchasing an additional 757 shares during the last quarter. Montecito Bank & Trust purchased a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter valued at about $202,000. Finally, Arkadios Wealth Advisors bought a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter valued at about $218,000. 74.75% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Pacific ex Japan ETF Company Profile

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.