Belpointe Asset Management LLC Invests $304,000 in iShares Core MSCI Pacific ETF $IPAC

Belpointe Asset Management LLC bought a new position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,892 shares of the company’s stock, valued at approximately $304,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Investment Advisory Services LLC boosted its stake in iShares Core MSCI Pacific ETF by 43,575.0% in the first quarter. Capital Investment Advisory Services LLC now owns 1,747 shares of the company’s stock worth $109,000 after buying an additional 1,743 shares in the last quarter. Invesco Ltd. purchased a new stake in iShares Core MSCI Pacific ETF in the first quarter worth approximately $224,000. Allworth Financial LP boosted its stake in shares of iShares Core MSCI Pacific ETF by 11.3% during the first quarter. Allworth Financial LP now owns 3,998 shares of the company’s stock valued at $256,000 after purchasing an additional 407 shares during the period. Fortis Capital Advisors LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF during the first quarter valued at approximately $304,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF during the fourth quarter valued at approximately $352,000.

iShares Core MSCI Pacific ETF Stock Performance

NYSEARCA:IPAC opened at $74.63 on Tuesday. The firm has a market cap of $1.93 billion, a PE ratio of 15.73 and a beta of 0.74. iShares Core MSCI Pacific ETF has a fifty-two week low of $54.90 and a fifty-two week high of $74.70. The business has a 50 day moving average price of $70.78 and a 200-day moving average price of $66.80.

iShares Core MSCI Pacific ETF Company 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.