iShares Core MSCI Pacific ETF $IPAC Shares Sold by Lazard Asset Management LLC

Lazard Asset Management LLC trimmed its stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 16.5% in the first quarter, Holdings Channel.com reports. The fund owned 70,964 shares of the company’s stock after selling 14,063 shares during the period. Lazard Asset Management LLC’s holdings in iShares Core MSCI Pacific ETF were worth $5,429,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of IPAC. Atlas Capital Advisors Inc. bought a new stake in iShares Core MSCI Pacific ETF during the 4th quarter valued at $1,696,000. Northwestern Mutual Wealth Management Co. grew its holdings in iShares Core MSCI Pacific ETF by 5,062.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock worth $7,173,000 after acquiring an additional 96,077 shares during the last quarter. Mandatum Life Insurance Co Ltd grew its holdings in iShares Core MSCI Pacific ETF by 15.1% in the 4th quarter. Mandatum Life Insurance Co Ltd now owns 211,923 shares of the company’s stock worth $15,515,000 after acquiring an additional 27,856 shares during the last quarter. Bessemer Group Inc. increased its position in shares of iShares Core MSCI Pacific ETF by 72.3% in the fourth quarter. Bessemer Group Inc. now owns 385,208 shares of the company’s stock valued at $28,203,000 after acquiring an additional 161,676 shares during the period. Finally, Rockefeller Capital Management L.P. increased its position in shares of iShares Core MSCI Pacific ETF by 460.6% in the fourth quarter. Rockefeller Capital Management L.P. now owns 44,200 shares of the company’s stock valued at $3,236,000 after acquiring an additional 36,315 shares during the period.

iShares Core MSCI Pacific ETF Trading Up 3.3%

Shares of NYSEARCA:IPAC opened at $83.54 on Friday. The company has a market cap of $2.68 billion, a price-to-earnings ratio of 15.73 and a beta of 0.70. The company has a 50-day moving average price of $82.23 and a 200-day moving average price of $80.38. iShares Core MSCI Pacific ETF has a 12 month low of $67.88 and a 12 month high of $84.63.

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.