JPMorgan Chase & Co. Sells 197,114 Shares of iShares MSCI Pacific ex Japan ETF $EPP

JPMorgan Chase & Co. cut its stake in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) by 2.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,912,109 shares of the company’s stock after selling 197,114 shares during the quarter. JPMorgan Chase & Co. owned 22.93% of iShares MSCI Pacific ex Japan ETF worth $407,948,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Jones Financial Companies Lllp boosted its holdings in iShares MSCI Pacific ex Japan ETF by 94.6% in the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after purchasing an additional 298 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 6.2% during the 2nd quarter. SBI Securities Co. Ltd. now owns 6,167 shares of the company’s stock valued at $304,000 after buying an additional 358 shares during the period. ABC Arbitrage SA boosted its stake in shares of iShares MSCI Pacific ex Japan ETF by 24.2% in the 2nd quarter. ABC Arbitrage SA now owns 15,541 shares of the company’s stock worth $767,000 after buying an additional 3,031 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in shares of iShares MSCI Pacific ex Japan ETF in the second quarter worth $5,637,000. Finally, First Horizon Corp bought a new stake in shares of iShares MSCI Pacific ex Japan ETF in the third quarter worth $479,000. 74.75% of the stock is owned by hedge funds and other institutional investors.

iShares MSCI Pacific ex Japan ETF Stock Performance

EPP stock opened at $55.60 on Thursday. The company has a market cap of $2.02 billion, a price-to-earnings ratio of 18.02 and a beta of 0.85. The business’s 50-day moving average is $52.43 and its two-hundred day moving average is $51.64. iShares MSCI Pacific ex Japan ETF has a fifty-two week low of $38.44 and a fifty-two week high of $56.23.

iShares MSCI Pacific ex Japan ETF Company Profile

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.