iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Hits New 12-Month High – What’s Next?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP)’s share price reached a new 52-week high on Friday . The company traded as high as $56.28 and last traded at $56.2820, with a volume of 173551 shares changing hands. The stock had previously closed at $55.75.

iShares MSCI Pacific ex Japan ETF Price Performance

The stock has a market capitalization of $2.05 billion, a P/E ratio of 18.02 and a beta of 0.85. The stock’s fifty day moving average is $52.63 and its 200-day moving average is $51.73.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the stock. Jones Financial Companies Lllp lifted its holdings in iShares MSCI Pacific ex Japan ETF by 94.6% in the 1st quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after purchasing an additional 298 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of iShares MSCI Pacific ex Japan ETF in the fourth quarter worth $43,000. IFP Advisors Inc boosted its holdings in shares of iShares MSCI Pacific ex Japan ETF by 130.7% during the 3rd quarter. IFP Advisors Inc now owns 1,336 shares of the company’s stock worth $69,000 after buying an additional 757 shares during the period. Russell Investments Group Ltd. bought a new stake in shares of iShares MSCI Pacific ex Japan ETF during the 3rd quarter worth $245,000. Finally, SBI Securities Co. Ltd. grew its stake in iShares MSCI Pacific ex Japan ETF by 4.1% in the 4th quarter. SBI Securities Co. Ltd. now owns 6,009 shares of the company’s stock valued at $303,000 after buying an additional 239 shares during the last quarter. 74.75% of the stock is owned by institutional investors.

iShares MSCI Pacific ex Japan ETF Company Profile

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.