Mandatum Life Insurance Co Ltd raised its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC – Free Report) by 15.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 211,923 shares of the company’s stock after purchasing an additional 27,856 shares during the period. iShares Core MSCI Pacific ETF comprises about 3.5% of Mandatum Life Insurance Co Ltd’s investment portfolio, making the stock its 3rd largest position. Mandatum Life Insurance Co Ltd owned about 0.71% of iShares Core MSCI Pacific ETF worth $15,515,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IPAC. JPMorgan Chase & Co. lifted its holdings in iShares Core MSCI Pacific ETF by 10.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,016,662 shares of the company’s stock valued at $148,084,000 after purchasing an additional 193,606 shares in the last quarter. Bessemer Group Inc. increased its stake in shares of iShares Core MSCI Pacific ETF by 72.3% during the 4th quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock valued at $28,203,000 after acquiring an additional 161,676 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core MSCI Pacific ETF by 5,062.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock valued at $7,173,000 after acquiring an additional 96,077 shares during the last quarter. Kingsview Wealth Management LLC acquired a new position in shares of iShares Core MSCI Pacific ETF during the 3rd quarter valued at about $5,861,000. Finally, UBS Group AG increased its stake in shares of iShares Core MSCI Pacific ETF by 87.5% during the 4th quarter. UBS Group AG now owns 166,222 shares of the company’s stock valued at $12,169,000 after acquiring an additional 77,547 shares during the last quarter.
iShares Core MSCI Pacific ETF Price Performance
NYSEARCA IPAC opened at $80.63 on Friday. iShares Core MSCI Pacific ETF has a 12 month low of $65.51 and a 12 month high of $83.98. The company has a 50-day moving average of $80.53 and a 200-day moving average of $78.11. The company has a market cap of $2.50 billion, a P/E ratio of 15.73 and a beta of 0.70.
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.
Featured Articles
- Five stocks we like better than iShares Core MSCI Pacific ETF
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Receive News & Ratings for iShares Core MSCI Pacific ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Core MSCI Pacific ETF and related companies with MarketBeat.com's FREE daily email newsletter.
