iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Stock Break Above Two Hundred Day Moving Average – Here’s What Happened

Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $82.12 and traded as high as $82.26. iShares Core MSCI Pacific ETF shares last traded at $82.19, with a volume of 117,009 shares changing hands.

iShares Core MSCI Pacific ETF Trading Up 1.2%

The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 16.46 and a beta of 0.76. The firm has a 50 day moving average price of $84.44 and a 200-day moving average price of $82.12.

Institutional Trading of iShares Core MSCI Pacific ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Corient Private Wealth LP grew its position in shares of iShares Core MSCI Pacific ETF by 1.7% in the second quarter. Corient Private Wealth LP now owns 8,906 shares of the company’s stock valued at $730,000 after purchasing an additional 148 shares during the last quarter. Allworth Financial LP increased its position in iShares Core MSCI Pacific ETF by 4.9% during the second quarter. Allworth Financial LP now owns 3,986 shares of the company’s stock worth $327,000 after buying an additional 188 shares in the last quarter. Integrated Wealth Concepts LLC increased its position in iShares Core MSCI Pacific ETF by 7.6% during the second quarter. Integrated Wealth Concepts LLC now owns 3,331 shares of the company’s stock worth $273,000 after buying an additional 235 shares in the last quarter. Columbus Macro LLC increased its position in iShares Core MSCI Pacific ETF by 0.3% during the third quarter. Columbus Macro LLC now owns 88,282 shares of the company’s stock worth $7,514,000 after buying an additional 235 shares in the last quarter. Finally, Private Advisor Group LLC raised its holdings in shares of iShares Core MSCI Pacific ETF by 5.5% in the first quarter. Private Advisor Group LLC now owns 4,716 shares of the company’s stock worth $361,000 after acquiring an additional 247 shares during 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.