Mandatum Life Insurance Co Ltd Grows Stock Position in iShares Core MSCI Pacific ETF $IPAC

Mandatum Life Insurance Co Ltd lifted its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 8.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 230,602 shares of the company’s stock after buying an additional 18,679 shares during the period. iShares Core MSCI Pacific ETF makes up about 4.0% of Mandatum Life Insurance Co Ltd’s investment portfolio, making the stock its 3rd biggest position. Mandatum Life Insurance Co Ltd owned approximately 0.74% of iShares Core MSCI Pacific ETF worth $17,643,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IPAC. Fifth Third Bancorp bought a new position in iShares Core MSCI Pacific ETF in the first quarter valued at about $29,000. Coston McIsaac & Partners bought a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at about $37,000. Activest Wealth Management purchased a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at about $44,000. CIBC Private Wealth Group LLC increased its position in shares of iShares Core MSCI Pacific ETF by 34.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,310 shares of the company’s stock valued at $96,000 after purchasing an additional 337 shares during the last quarter. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of iShares Core MSCI Pacific ETF during the 4th quarter valued at about $120,000.

iShares Core MSCI Pacific ETF Stock Up 1.2%

Shares of NYSEARCA:IPAC opened at $83.06 on Wednesday. The stock has a market capitalization of $2.65 billion, a PE ratio of 15.73 and a beta of 0.70. The firm’s 50 day moving average price is $82.32 and its 200-day moving average price is $79.73. iShares Core MSCI Pacific ETF has a twelve month low of $66.71 and a twelve month high of $84.63.

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.