iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Sees Unusually-High Trading Volume – Here’s What Happened

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) shares saw unusually-high trading volume on Friday . Approximately 135,470 shares changed hands during trading, an increase of 31% from the previous session’s volume of 103,793 shares.The stock last traded at $66.23 and had previously closed at $66.15.

iShares Core MSCI Pacific ETF Trading Up 0.2%

The stock’s 50 day moving average price is $62.85 and its 200 day moving average price is $62.63. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 15.28 and a beta of 0.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Howe & Rusling Inc. acquired a new position in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at about $32,000. Signaturefd LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth about $38,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth about $52,000. GeoWealth Management LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter worth about $63,000. Finally, Capital Investment Advisory Services LLC grew its holdings in shares of iShares Core MSCI Pacific ETF by 43,575.0% during the 1st quarter. Capital Investment Advisory Services LLC now owns 1,747 shares of the company’s stock worth $109,000 after purchasing an additional 1,743 shares during the period.

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.