Advisory Services & Investments LLC Takes Position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Advisory Services & Investments LLC bought a new position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,085 shares of the company’s stock, valued at approximately $205,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IPAC. Blue Trust Inc. lifted its stake in shares of iShares Core MSCI Pacific ETF by 10.4% during the 3rd quarter. Blue Trust Inc. now owns 7,900,840 shares of the company’s stock valued at $483,689,000 after buying an additional 741,287 shares in the last quarter. Jane Street Group LLC lifted its position in shares of iShares Core MSCI Pacific ETF by 434.1% in the first quarter. Jane Street Group LLC now owns 1,265,821 shares of the company’s stock valued at $80,139,000 after acquiring an additional 1,028,817 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Core MSCI Pacific ETF by 2.4% in the second quarter. Envestnet Asset Management Inc. now owns 843,952 shares of the company’s stock worth $51,667,000 after acquiring an additional 19,957 shares during the period. Elm Partners Management LLC boosted its stake in shares of iShares Core MSCI Pacific ETF by 19.1% in the third quarter. Elm Partners Management LLC now owns 712,629 shares of the company’s stock worth $47,454,000 after acquiring an additional 114,259 shares during the period. Finally, Cetera Investment Advisers raised its stake in iShares Core MSCI Pacific ETF by 37.1% during the 1st quarter. Cetera Investment Advisers now owns 522,553 shares of the company’s stock valued at $33,083,000 after purchasing an additional 141,330 shares during the period.

iShares Core MSCI Pacific ETF Price Performance

IPAC stock opened at $63.23 on Friday. iShares Core MSCI Pacific ETF has a 1-year low of $55.89 and a 1-year high of $67.43. The business has a 50 day simple moving average of $64.33 and a two-hundred day simple moving average of $62.93. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 13.70 and a beta of 0.82.

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.