iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sets New 52-Week High – Time to Buy?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) reached a new 52-week high during trading on Saturday . The company traded as high as $51.99 and last traded at $51.96, with a volume of 620793 shares trading hands. The stock had previously closed at $51.11.

iShares MSCI Pacific ex Japan ETF Price Performance

The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 18.02 and a beta of 0.87. The business’s 50 day simple moving average is $49.83 and its 200 day simple moving average is $47.05.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in shares of iShares MSCI Pacific ex Japan ETF by 94.6% during the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after acquiring an additional 298 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of iShares MSCI Pacific ex Japan ETF during the first quarter worth about $113,000. NBC Securities Inc. increased its stake in shares of iShares MSCI Pacific ex Japan ETF by 106,566.7% during the first quarter. NBC Securities Inc. now owns 3,200 shares of the company’s stock worth $141,000 after acquiring an additional 3,197 shares during the period. Farther Finance Advisors LLC increased its stake in shares of iShares MSCI Pacific ex Japan ETF by 1,466.1% during the first quarter. Farther Finance Advisors LLC now owns 4,620 shares of the company’s stock worth $206,000 after acquiring an additional 4,325 shares during the period. Finally, SBI Securities Co. Ltd. increased its stake in shares of iShares MSCI Pacific ex Japan ETF by 9.4% during the first quarter. SBI Securities Co. Ltd. now owns 5,809 shares of the company’s stock worth $256,000 after acquiring an additional 497 shares during the period. 74.75% of the stock is currently owned by institutional investors and hedge funds.

About iShares MSCI Pacific ex Japan ETF

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).