Truist Financial Corp Reduces Stock Holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Truist Financial Corp trimmed its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 43,505 shares of the company’s stock after selling 1,625 shares during the period. Truist Financial Corp’s holdings in iShares Core MSCI Pacific ETF were worth $2,589,000 as of its most recent SEC filing.

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

iShares Core MSCI Pacific ETF Stock Down 1.1 %

IPAC stock opened at $61.66 on Thursday. iShares Core MSCI Pacific ETF has a twelve month low of $52.93 and a twelve month high of $63.85. The stock has a market cap of $2.03 billion, a P/E ratio of 13.44 and a beta of 0.79. The business’s 50-day moving average price is $62.04 and its 200-day moving average price is $59.61.

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.