iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Reaches New 52-Week High at $65.70

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) reached a new 52-week high during trading on Thursday . The stock traded as high as $65.70 and last traded at $65.50, with a volume of 2853 shares changing hands. The stock had previously closed at $64.16.

iShares Core MSCI Pacific ETF Stock Down 0.3 %

The stock has a market cap of $2.16 billion, a P/E ratio of 13.70 and a beta of 0.82. The business’s 50-day simple moving average is $62.88 and its two-hundred day simple moving average is $62.25.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Concourse Financial Group Securities Inc. boosted its holdings in shares of iShares Core MSCI Pacific ETF by 14.3% in the first quarter. Concourse Financial Group Securities Inc. now owns 2,426 shares of the company’s stock worth $154,000 after acquiring an additional 304 shares during the period. Bleakley Financial Group LLC boosted its stake in iShares Core MSCI Pacific ETF by 7.9% in the 1st quarter. Bleakley Financial Group LLC now owns 4,889 shares of the company’s stock worth $310,000 after purchasing an additional 356 shares during the period. Global Financial Private Client LLC grew its holdings in iShares Core MSCI Pacific ETF by 3.8% during the 2nd quarter. Global Financial Private Client LLC now owns 10,452 shares of the company’s stock valued at $640,000 after buying an additional 381 shares in the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of iShares Core MSCI Pacific ETF during the fourth quarter valued at about $27,000. Finally, Comerica Bank lifted its holdings in shares of iShares Core MSCI Pacific ETF by 146.2% in the first quarter. Comerica Bank now owns 842 shares of the company’s stock worth $53,000 after buying an additional 500 shares in the last quarter.

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.