Smithfield Trust Co Sells 7,732 Shares of iShares Core MSCI Pacific ETF $IPAC

Smithfield Trust Co lessened its position in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 342,376 shares of the company’s stock after selling 7,732 shares during the quarter. iShares Core MSCI Pacific ETF comprises 1.1% of Smithfield Trust Co’s holdings, making the stock its 20th biggest position. Smithfield Trust Co owned 1.14% of iShares Core MSCI Pacific ETF worth $25,056,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of IPAC. Royal Bank of Canada raised its stake in shares of iShares Core MSCI Pacific ETF by 122.8% during the 1st quarter. Royal Bank of Canada now owns 50,433 shares of the company’s stock worth $3,138,000 after acquiring an additional 27,794 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares Core MSCI Pacific ETF by 40.9% during the 1st quarter. Jane Street Group LLC now owns 46,748 shares of the company’s stock worth $2,910,000 after acquiring an additional 13,567 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Core MSCI Pacific ETF by 34.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock worth $141,000 after acquiring an additional 527 shares in the last quarter. Quantinno Capital Management LP bought a new position in shares of iShares Core MSCI Pacific ETF during the 2nd quarter worth approximately $1,264,000. Finally, IHT Wealth Management LLC bought a new position in shares of iShares Core MSCI Pacific ETF during the 2nd quarter worth approximately $248,000.

iShares Core MSCI Pacific ETF Price Performance

NYSEARCA IPAC opened at $81.89 on Tuesday. The firm has a market cap of $2.54 billion, a PE ratio of 15.73 and a beta of 0.70. The company has a 50 day moving average price of $79.36 and a 200 day moving average price of $77.64. iShares Core MSCI Pacific ETF has a 52 week low of $65.51 and a 52 week high of $83.98.

iShares Core MSCI Pacific ETF 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.