Bessemer Group Inc. Purchases 17,350 Shares of iShares Core MSCI Pacific ETF $IPAC

Bessemer Group Inc. lifted its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 8.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 223,532 shares of the company’s stock after buying an additional 17,350 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Core MSCI Pacific ETF were worth $16,414,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of IPAC. Trust Co. of Vermont bought a new position in iShares Core MSCI Pacific ETF in the 3rd quarter worth $36,000. AE Wealth Management LLC boosted its holdings in iShares Core MSCI Pacific ETF by 216.7% during the second quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock valued at $39,000 after acquiring an additional 390 shares during the period. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of iShares Core MSCI Pacific ETF in the third quarter valued at about $57,000. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Core MSCI Pacific ETF by 34.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock worth $141,000 after purchasing an additional 527 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in shares of iShares Core MSCI Pacific ETF by 96.1% in the third quarter. Jones Financial Companies Lllp now owns 2,379 shares of the company’s stock worth $174,000 after purchasing an additional 1,166 shares during the period.

iShares Core MSCI Pacific ETF Stock Performance

NYSEARCA IPAC opened at $80.07 on Friday. The stock has a 50-day simple moving average of $75.45 and a 200 day simple moving average of $73.87. iShares Core MSCI Pacific ETF has a twelve month low of $54.90 and a twelve month high of $80.19. The stock has a market capitalization of $2.40 billion, a PE ratio of 15.73 and a beta of 0.72.

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.