LVZ Inc. Takes $1.18 Million Position in iShares Core MSCI Pacific ETF $IPAC

LVZ Inc. acquired a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the third quarter, HoldingsChannel reports. The institutional investor acquired 16,119 shares of the company’s stock, valued at approximately $1,184,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Trust Co. of Vermont purchased a new position in iShares Core MSCI Pacific ETF in the 3rd quarter valued at about $36,000. AE Wealth Management LLC raised its position in shares of iShares Core MSCI Pacific ETF by 216.7% in the second quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock valued at $39,000 after buying an additional 390 shares during the last quarter. MassMutual Private Wealth & Trust FSB acquired a new position in shares of iShares Core MSCI Pacific ETF in the third quarter valued at approximately $57,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of iShares Core MSCI Pacific ETF by 34.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock valued at $141,000 after buying an additional 527 shares during the period. Finally, Security National Bank acquired a new stake in iShares Core MSCI Pacific ETF during the second quarter worth approximately $143,000.

iShares Core MSCI Pacific ETF Stock Performance

IPAC stock opened at $75.85 on Wednesday. The company has a 50 day moving average price of $74.22 and a two-hundred day moving average price of $72.73. The stock has a market capitalization of $2.28 billion, a P/E ratio of 15.73 and a beta of 0.72. iShares Core MSCI Pacific ETF has a one year low of $54.90 and a one year high of $76.49.

iShares Core MSCI Pacific ETF 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.