iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Down 60.8% in April

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 13,769 shares, a decrease of 60.8% from the April 15th total of 35,110 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 309,363 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On iShares Core MSCI Pacific ETF

Several hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC boosted its stake in shares of iShares Core MSCI Pacific ETF by 3.7% during the fourth quarter. Kestra Advisory Services LLC now owns 3,788 shares of the company’s stock worth $277,000 after buying an additional 134 shares during the period. Mercer Global Advisors Inc. ADV lifted its holdings in shares of iShares Core MSCI Pacific ETF by 1.9% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,521 shares of the company’s stock worth $551,000 after purchasing an additional 138 shares during the period. Element Wealth LLC lifted its holdings in shares of iShares Core MSCI Pacific ETF by 2.1% during the fourth quarter. Element Wealth LLC now owns 9,061 shares of the company’s stock worth $663,000 after purchasing an additional 183 shares during the period. Commonwealth Equity Services LLC lifted its holdings in shares of iShares Core MSCI Pacific ETF by 1.9% during the fourth quarter. Commonwealth Equity Services LLC now owns 10,907 shares of the company’s stock worth $799,000 after purchasing an additional 202 shares during the period. Finally, Private Advisor Group LLC lifted its holdings in iShares Core MSCI Pacific ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 4,716 shares of the company’s stock valued at $361,000 after acquiring an additional 247 shares during the period.

iShares Core MSCI Pacific ETF Trading Down 0.5%

Shares of IPAC traded down $0.39 during mid-day trading on Thursday, hitting $82.76. 39,182 shares of the company’s stock were exchanged, compared to its average volume of 133,654. iShares Core MSCI Pacific ETF has a fifty-two week low of $65.51 and a fifty-two week high of $83.98. The firm has a market capitalization of $2.57 billion, a P/E ratio of 15.73 and a beta of 0.70. The business’s 50 day moving average is $78.80 and its two-hundred day moving average is $77.25.

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.