Mather Group LLC. Acquires New Position in iShares Core MSCI Pacific ETF $IPAC

Mather Group LLC. bought a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the third quarter, HoldingsChannel reports. The institutional investor bought 662,529 shares of the company’s stock, valued at approximately $56,388,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IPAC. Valley Wealth Managers Inc. purchased a new stake in shares of iShares Core MSCI Pacific ETF in the 3rd quarter worth $11,934,000. Bessemer Group Inc. increased its stake in shares of iShares Core MSCI Pacific ETF by 11.3% during the first quarter. Bessemer Group Inc. now owns 428,615 shares of the company’s stock valued at $32,794,000 after buying an additional 43,407 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of iShares Core MSCI Pacific ETF by 460.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 44,200 shares of the company’s stock valued at $3,236,000 after buying an additional 36,315 shares during the period. Mandatum Life Insurance Co Ltd increased its stake in shares of iShares Core MSCI Pacific ETF by 8.8% during the first quarter. Mandatum Life Insurance Co Ltd now owns 230,602 shares of the company’s stock valued at $17,643,000 after buying an additional 18,679 shares during the period. Finally, Blue Edge Capital LLC raised its holdings in shares of iShares Core MSCI Pacific ETF by 13.9% in the first quarter. Blue Edge Capital LLC now owns 147,650 shares of the company’s stock valued at $11,297,000 after acquiring an additional 18,026 shares in the last quarter.

iShares Core MSCI Pacific ETF Price Performance

IPAC stock opened at $83.95 on Thursday. The business has a 50-day moving average price of $85.55 and a 200 day moving average price of $82.87. The company has a market capitalization of $2.72 billion, a P/E ratio of 15.73 and a beta of 0.73. iShares Core MSCI Pacific ETF has a 1-year low of $71.46 and a 1-year high of $87.31.

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.