iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Update

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) saw a significant decrease in short interest in June. As of June 30th, there was short interest totaling 62,332 shares, a decrease of 62.3% from the June 15th total of 165,441 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 65,593 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of iShares Core MSCI Pacific ETF

A number of hedge funds have recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in iShares Core MSCI Pacific ETF by 9.2% in the fourth quarter. JPMorgan Chase & Co. now owns 2,201,616 shares of the company’s stock valued at $161,180,000 after buying an additional 184,954 shares during the period. Bessemer Group Inc. raised its position in shares of iShares Core MSCI Pacific ETF by 72.3% in the 4th quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock worth $28,203,000 after acquiring an additional 161,676 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Core MSCI Pacific ETF by 5,062.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock worth $7,173,000 after purchasing an additional 96,077 shares during the period. UBS Group AG grew its stake in iShares Core MSCI Pacific ETF by 87.5% during the fourth quarter. UBS Group AG now owns 166,222 shares of the company’s stock worth $12,169,000 after purchasing an additional 77,547 shares during the period. Finally, IFP Advisors Inc bought a new stake in iShares Core MSCI Pacific ETF in the third quarter worth approximately $5,339,000.

iShares Core MSCI Pacific ETF Stock Performance

Shares of IPAC traded down $0.04 during trading hours on Wednesday, reaching $83.02. The stock had a trading volume of 61,456 shares, compared to its average volume of 130,664. iShares Core MSCI Pacific ETF has a 12 month low of $66.71 and a 12 month high of $84.63. The stock has a market capitalization of $2.65 billion, a PE ratio of 15.73 and a beta of 0.70. The company’s 50-day moving average is $82.32 and its two-hundred day moving average is $79.73.

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.