iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Sees Unusually-High Trading Volume

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) shares saw unusually-strong trading volume on Thursday . Approximately 1,683,959 shares changed hands during trading, an increase of 1,143% from the previous session’s volume of 135,508 shares.The stock last traded at $61.28 and had previously closed at $60.31.

iShares Core MSCI Pacific ETF Trading Up 2.0 %

The business has a 50 day moving average price of $61.99 and a 200-day moving average price of $59.35. The firm has a market capitalization of $2.02 billion, a PE ratio of 13.44 and a beta of 0.79.

Institutional Investors Weigh In On iShares Core MSCI Pacific ETF

Several institutional investors have recently made changes to their positions in IPAC. Presilium Private Wealth LLC increased its holdings in shares of iShares Core MSCI Pacific ETF by 685.5% in the 4th quarter. Presilium Private Wealth LLC now owns 64,473 shares of the company’s stock valued at $3,837,000 after purchasing an additional 56,265 shares in the last quarter. Mather Group LLC. increased its holdings in iShares Core MSCI Pacific ETF by 4.5% in the fourth quarter. Mather Group LLC. now owns 623,089 shares of the company’s stock valued at $37,080,000 after buying an additional 26,751 shares in the last quarter. Willis Johnson & Associates Inc. lifted its position in shares of iShares Core MSCI Pacific ETF by 0.8% during the 4th quarter. Willis Johnson & Associates Inc. now owns 34,174 shares of the company’s stock valued at $2,034,000 after acquiring an additional 285 shares during the period. Deutsche Bank AG boosted its stake in shares of iShares Core MSCI Pacific ETF by 1.5% during the 3rd quarter. Deutsche Bank AG now owns 16,501 shares of the company’s stock worth $917,000 after acquiring an additional 241 shares in the last quarter. Finally, Garde Capital Inc. grew its holdings in shares of iShares Core MSCI Pacific ETF by 0.8% in the 3rd quarter. Garde Capital Inc. now owns 146,305 shares of the company’s stock worth $8,135,000 after acquiring an additional 1,185 shares during the period.

About iShares Core MSCI Pacific ETF

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.