UBS Group AG Raises Position in iShares Core MSCI Pacific ETF $IPAC

UBS Group AG boosted its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 87.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 166,222 shares of the company’s stock after buying an additional 77,547 shares during the period. UBS Group AG owned 0.55% of iShares Core MSCI Pacific ETF worth $12,169,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its holdings in iShares Core MSCI Pacific ETF by 10.6% in the third quarter. JPMorgan Chase & Co. now owns 2,016,662 shares of the company’s stock worth $148,084,000 after buying an additional 193,606 shares during the period. Assetmark Inc. lifted its holdings in iShares Core MSCI Pacific ETF by 0.5% in the fourth quarter. Assetmark Inc. now owns 966,504 shares of the company’s stock worth $70,758,000 after buying an additional 4,563 shares during the period. Mather Group LLC. lifted its holdings in iShares Core MSCI Pacific ETF by 3.1% in the fourth quarter. Mather Group LLC. now owns 655,922 shares of the company’s stock worth $48,020,000 after buying an additional 19,716 shares during the period. Bessemer Group Inc. lifted its holdings in iShares Core MSCI Pacific ETF by 8.4% in the third quarter. Bessemer Group Inc. now owns 223,532 shares of the company’s stock worth $16,414,000 after buying an additional 17,350 shares during the period. Finally, Mandatum Life Insurance Co Ltd lifted its holdings in iShares Core MSCI Pacific ETF by 18.3% in the third quarter. Mandatum Life Insurance Co Ltd now owns 184,067 shares of the company’s stock worth $13,516,000 after buying an additional 28,430 shares during the period.

iShares Core MSCI Pacific ETF Price Performance

Shares of IPAC opened at $81.61 on Friday. iShares Core MSCI Pacific ETF has a one year low of $65.51 and a one year high of $83.98. The company has a 50-day simple moving average of $78.90 and a two-hundred day simple moving average of $77.33. The firm has a market capitalization of $2.53 billion, a PE ratio of 15.73 and a beta of 0.70.

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.