iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Shares Sold by Truist Financial Corp

Truist Financial Corp cut its holdings in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,504 shares of the company’s stock after selling 1,790 shares during the quarter. Truist Financial Corp owned about 0.12% of iShares Core MSCI Pacific ETF worth $2,475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wingate Wealth Advisors Inc. acquired a new position in iShares Core MSCI Pacific ETF during the fourth quarter worth about $52,000. Addison Advisors LLC boosted its position in iShares Core MSCI Pacific ETF by 16.8% during the third quarter. Addison Advisors LLC now owns 2,710 shares of the company’s stock worth $180,000 after acquiring an additional 390 shares during the last quarter. IHT Wealth Management LLC acquired a new position in iShares Core MSCI Pacific ETF during the third quarter worth about $201,000. Advisory Services & Investments LLC acquired a new position in iShares Core MSCI Pacific ETF during the third quarter worth about $205,000. Finally, OneDigital Investment Advisors LLC acquired a new position in iShares Core MSCI Pacific ETF in the 3rd quarter valued at about $217,000.

iShares Core MSCI Pacific ETF Price Performance

NYSEARCA:IPAC opened at $63.18 on Wednesday. The firm has a market capitalization of $2.01 billion, a price-to-earnings ratio of 16.26 and a beta of 0.75. The company’s 50-day moving average is $61.71 and its two-hundred day moving average is $63.24. iShares Core MSCI Pacific ETF has a 1-year low of $55.89 and a 1-year high of $67.43.

iShares Core MSCI Pacific ETF Company 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.