iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) Sees Large Volume Increase – Still a Buy?

iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) saw an uptick in trading volume on Friday . 404,000 shares changed hands during mid-day trading, an increase of 9% from the previous session’s volume of 372,026 shares.The stock last traded at $52.30 and had previously closed at $52.03.

iShares MSCI Pacific ex Japan ETF Stock Up 0.6%

The company has a market cap of $1.85 billion, a PE ratio of 18.02 and a beta of 0.87. The business has a 50-day simple moving average of $51.19 and a 200-day simple moving average of $48.39.

Institutional Trading of iShares MSCI Pacific ex Japan ETF

Large investors have recently modified their holdings of the stock. Jones Financial Companies Lllp increased its position in shares of iShares MSCI Pacific ex Japan ETF by 94.6% during the first quarter. Jones Financial Companies Lllp now owns 613 shares of the company’s stock worth $27,000 after acquiring an additional 298 shares during the period. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of iShares MSCI Pacific ex Japan ETF during the first quarter worth $113,000. NBC Securities Inc. increased its position in shares of iShares MSCI Pacific ex Japan ETF by 106,566.7% during the first quarter. NBC Securities Inc. now owns 3,200 shares of the company’s stock worth $141,000 after acquiring an additional 3,197 shares during the period. Farther Finance Advisors LLC increased its position in shares of iShares MSCI Pacific ex Japan ETF by 1,466.1% during the first quarter. Farther Finance Advisors LLC now owns 4,620 shares of the company’s stock worth $206,000 after acquiring an additional 4,325 shares during the period. Finally, SBI Securities Co. Ltd. increased its position in shares of iShares MSCI Pacific ex Japan ETF by 9.4% during the first quarter. SBI Securities Co. Ltd. now owns 5,809 shares of the company’s stock worth $256,000 after acquiring an additional 497 shares during the period. Hedge funds and other institutional investors own 74.75% of the company’s stock.

About iShares MSCI Pacific ex Japan ETF

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).