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

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $68.50 and last traded at $68.48, with a volume of 4748 shares changing hands. The stock had previously closed at $68.03.

iShares Core MSCI Pacific ETF Stock Performance

The business’s 50 day moving average is $65.01 and its 200-day moving average is $63.23. The firm has a market capitalization of $2.19 billion, a price-to-earnings ratio of 15.36 and a beta of 0.71.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of IPAC. Howe & Rusling Inc. acquired a new stake in iShares Core MSCI Pacific ETF in the 4th quarter worth $32,000. Signaturefd LLC acquired a new stake in iShares Core MSCI Pacific ETF in the 4th quarter worth $38,000. GeoWealth Management LLC acquired a new stake in iShares Core MSCI Pacific ETF in the 4th quarter worth $63,000. Capital Investment Advisory Services LLC grew its position in iShares Core MSCI Pacific ETF by 43,575.0% in the 1st quarter. Capital Investment Advisory Services LLC now owns 1,747 shares of the company’s stock worth $109,000 after purchasing an additional 1,743 shares during the last quarter. Finally, Oxford Financial Group LTD. LLC acquired a new stake in iShares Core MSCI Pacific ETF in the 4th quarter worth $181,000.

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.