Invesco Ltd. Takes $224,000 Position in iShares Core MSCI Pacific ETF $IPAC

Invesco Ltd. bought a new stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,594 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds also recently modified their holdings of the business. Stonebridge Financial Group LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF in the first quarter valued at $25,067,000. Smithfield Trust Co increased its stake in shares of iShares Core MSCI Pacific ETF by 0.4% in the first quarter. Smithfield Trust Co now owns 314,640 shares of the company’s stock worth $19,595,000 after acquiring an additional 1,374 shares during the last quarter. Bank of America Corp DE increased its stake in shares of iShares Core MSCI Pacific ETF by 73.9% in the fourth quarter. Bank of America Corp DE now owns 274,948 shares of the company’s stock worth $16,799,000 after acquiring an additional 116,851 shares during the last quarter. AlphaStar Capital Management LLC increased its stake in shares of iShares Core MSCI Pacific ETF by 1,505.3% in the first quarter. AlphaStar Capital Management LLC now owns 174,479 shares of the company’s stock worth $10,860,000 after acquiring an additional 163,610 shares during the last quarter. Finally, Bessemer Group Inc. increased its stake in shares of iShares Core MSCI Pacific ETF by 19.1% in the first quarter. Bessemer Group Inc. now owns 168,639 shares of the company’s stock worth $10,496,000 after acquiring an additional 27,071 shares during the last quarter.

iShares Core MSCI Pacific ETF Trading Up 0.5%

NYSEARCA IPAC opened at $72.79 on Monday. iShares Core MSCI Pacific ETF has a 1-year low of $54.90 and a 1-year high of $73.39. The company has a market capitalization of $1.88 billion, a PE ratio of 15.73 and a beta of 0.74. The firm’s fifty day simple moving average is $70.10 and its 200-day simple moving average is $66.33.

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.