AlphaStar Capital Management LLC Buys 1,616 Shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

AlphaStar Capital Management LLC lifted its stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 21.9% during the second quarter, HoldingsChannel reports. The firm owned 9,000 shares of the company’s stock after acquiring an additional 1,616 shares during the quarter. AlphaStar Capital Management LLC’s holdings in iShares Core MSCI Pacific ETF were worth $551,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Charles Schwab Investment Management Inc. raised its position in iShares Core MSCI Pacific ETF by 6.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 4,183,335 shares of the company’s stock worth $248,950,000 after acquiring an additional 262,634 shares in the last quarter. Mather Group LLC. raised its holdings in shares of iShares Core MSCI Pacific ETF by 4.5% in the 4th quarter. Mather Group LLC. now owns 623,089 shares of the company’s stock valued at $37,080,000 after purchasing an additional 26,751 shares during the period. Municipal Employees Retirement System of Michigan lifted its stake in iShares Core MSCI Pacific ETF by 4.6% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 4,683,690 shares of the company’s stock valued at $296,524,000 after purchasing an additional 207,000 shares during the last quarter. Family Firm Inc. bought a new position in iShares Core MSCI Pacific ETF during the second quarter worth about $78,000. Finally, Prudential PLC raised its stake in iShares Core MSCI Pacific ETF by 28.2% in the fourth quarter. Prudential PLC now owns 22,950 shares of the company’s stock valued at $1,366,000 after buying an additional 5,050 shares during the period.

iShares Core MSCI Pacific ETF Trading Up 0.5 %

Shares of IPAC traded up $0.31 during mid-day trading on Tuesday, reaching $64.82. The company’s stock had a trading volume of 4,451 shares, compared to its average volume of 129,121. The stock has a market cap of $2.13 billion, a P/E ratio of 13.70 and a beta of 0.82. iShares Core MSCI Pacific ETF has a 1-year low of $52.93 and a 1-year high of $65.00. The business has a 50-day simple moving average of $61.82 and a two-hundred day simple moving average of $61.82.

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.