Gateway Wealth Partners LLC Takes $463,000 Position in iShares Core MSCI Pacific ETF $IPAC

Gateway Wealth Partners LLC bought a new position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,052 shares of the company’s stock, valued at approximately $463,000.

Several other institutional investors and hedge funds have also made changes to their positions in IPAC. Royal Bank of Canada increased its stake in iShares Core MSCI Pacific ETF by 122.8% during the 1st quarter. Royal Bank of Canada now owns 50,433 shares of the company’s stock worth $3,138,000 after buying an additional 27,794 shares during the period. Jane Street Group LLC boosted its position in iShares Core MSCI Pacific ETF by 40.9% in the 1st quarter. Jane Street Group LLC now owns 46,748 shares of the company’s stock valued at $2,910,000 after buying an additional 13,567 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in iShares Core MSCI Pacific ETF by 34.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock valued at $141,000 after buying an additional 527 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of iShares Core MSCI Pacific ETF during the second quarter valued at about $1,264,000. Finally, IHT Wealth Management LLC acquired a new stake in shares of iShares Core MSCI Pacific ETF during the second quarter valued at about $248,000.

iShares Core MSCI Pacific ETF Stock Performance

Shares of NYSEARCA IPAC opened at $82.74 on Friday. iShares Core MSCI Pacific ETF has a 1 year low of $67.88 and a 1 year high of $84.63. The firm has a market cap of $2.66 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. The stock’s 50-day simple moving average is $82.25 and its 200-day simple moving average is $80.39.

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.