iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Sets New 1-Year High – What’s Next?

Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) reached a new 52-week high on Thursday . The company traded as high as $87.12 and last traded at $87.14, with a volume of 19433 shares changing hands. The stock had previously closed at $85.64.

iShares Core MSCI Pacific ETF Trading Up 1.9%

The company’s 50-day simple moving average is $83.59 and its 200 day simple moving average is $81.56. The stock has a market cap of $2.80 billion, a P/E ratio of 15.73 and a beta of 0.71.

Institutional Trading of iShares Core MSCI Pacific ETF

Institutional investors have recently modified their holdings of the business. Fifth Third Bancorp purchased a new stake in shares of iShares Core MSCI Pacific ETF in the first quarter worth about $29,000. Coston McIsaac & Partners purchased a new position in iShares Core MSCI Pacific ETF during the fourth quarter valued at approximately $37,000. Trust Co. of Vermont bought a new stake in iShares Core MSCI Pacific ETF during the 2nd quarter worth approximately $40,000. CoreCap Advisors LLC increased its holdings in iShares Core MSCI Pacific ETF by 3,825.0% during the 2nd quarter. CoreCap Advisors LLC now owns 628 shares of the company’s stock worth $51,000 after acquiring an additional 612 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in iShares Core MSCI Pacific ETF by 34.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,310 shares of the company’s stock worth $96,000 after purchasing an additional 337 shares in the last quarter.

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.