International Assets Investment Management LLC Makes New Investment in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

International Assets Investment Management LLC purchased a new stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the 4th quarter, HoldingsChannel reports. The fund purchased 13,374 shares of the company’s stock, valued at approximately $796,000.

Several other institutional investors have also recently made changes to their positions in the stock. Blue Trust Inc. grew its stake in shares of iShares Core MSCI Pacific ETF by 40.2% in the 4th quarter. Blue Trust Inc. now owns 6,757,535 shares of the company’s stock valued at $375,719,000 after buying an additional 1,937,858 shares during the period. Financial Gravity Asset Management Inc. increased its holdings in shares of iShares Core MSCI Pacific ETF by 2,356.1% during the third quarter. Financial Gravity Asset Management Inc. now owns 558,350 shares of the company’s stock valued at $31,044,000 after acquiring an additional 535,617 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of iShares Core MSCI Pacific ETF by 8.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,920,701 shares of the company’s stock worth $217,991,000 after purchasing an additional 298,487 shares during the period. Valley Wealth Managers Inc. bought a new position in shares of iShares Core MSCI Pacific ETF in the 3rd quarter worth $3,810,000. Finally, Presilium Private Wealth LLC grew its position in iShares Core MSCI Pacific ETF by 685.5% in the 4th quarter. Presilium Private Wealth LLC now owns 64,473 shares of the company’s stock valued at $3,837,000 after purchasing an additional 56,265 shares during the period.

iShares Core MSCI Pacific ETF Trading Up 0.3 %

IPAC opened at $60.52 on Wednesday. iShares Core MSCI Pacific ETF has a 1-year low of $52.93 and a 1-year high of $63.85. The company has a market cap of $1.99 billion, a price-to-earnings ratio of 13.92 and a beta of 0.77. The company’s fifty day moving average price is $61.99 and its two-hundred day moving average price is $59.13.

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.