iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Update

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the recipient of a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 108,943 shares, a decline of 42.0% from the March 15th total of 187,953 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 91,474 shares, the short-interest ratio is currently 1.2 days.

Institutional Trading of iShares Core MSCI Pacific ETF

A number of large investors have recently modified their holdings of IPAC. JPMorgan Chase & Co. boosted its holdings in shares of iShares Core MSCI Pacific ETF by 10.6% in the third quarter. JPMorgan Chase & Co. now owns 2,016,662 shares of the company’s stock valued at $148,084,000 after purchasing an additional 193,606 shares during the period. Bessemer Group Inc. raised its stake in 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 worth $28,203,000 after buying an additional 161,676 shares in the last quarter. Osaic Holdings Inc. raised its stake in iShares Core MSCI Pacific ETF by 116.3% in the second quarter. Osaic Holdings Inc. now owns 196,038 shares of the company’s stock worth $12,724,000 after buying an additional 105,396 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in iShares Core MSCI Pacific ETF by 5,062.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 97,975 shares of the company’s stock worth $7,173,000 after buying an additional 96,077 shares in the last quarter. Finally, Kingsview Wealth Management LLC bought a new position in iShares Core MSCI Pacific ETF in the third quarter worth approximately $5,861,000.

iShares Core MSCI Pacific ETF Trading Down 0.1%

Shares of NYSEARCA IPAC traded down $0.09 during trading hours on Wednesday, reaching $81.06. The stock had a trading volume of 68,525 shares, compared to its average volume of 111,492. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 15.73 and a beta of 0.71. The business’s fifty day moving average price is $79.34 and its two-hundred day moving average price is $76.34. iShares Core MSCI Pacific ETF has a 52-week low of $60.72 and a 52-week high of $83.98.

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.