iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Hits New 12-Month High – Here’s What Happened

Shares of iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $55.19 and last traded at $55.1450, with a volume of 289622 shares trading hands. The stock had previously closed at $54.35.

iShares MSCI Pacific ex Japan ETF Trading Up 1.3%

The company has a market capitalization of $2.00 billion, a PE ratio of 18.02 and a beta of 0.85. The business has a fifty day moving average of $51.80 and a 200 day moving average of $51.38.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in EPP. Jones Financial Companies Lllp lifted its holdings in iShares MSCI Pacific ex Japan ETF by 94.6% during the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after buying an additional 298 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in iShares MSCI Pacific ex Japan ETF during the 4th quarter worth $43,000. IFP Advisors Inc grew its stake in iShares MSCI Pacific ex Japan ETF by 130.7% during the 3rd quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock worth $69,000 after purchasing an additional 757 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in iShares MSCI Pacific ex Japan ETF during the 3rd quarter worth about $245,000. Finally, SBI Securities Co. Ltd. increased its holdings in iShares MSCI Pacific ex Japan ETF by 4.1% during the 4th quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock worth $303,000 after purchasing an additional 239 shares during the period. Institutional investors and hedge funds own 74.75% of the company’s stock.

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). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.