iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Reaches New 12-Month High – Here’s Why

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $81.86 and last traded at $81.76, with a volume of 107381 shares trading hands. The stock had previously closed at $80.07.

iShares Core MSCI Pacific ETF Trading Down 0.7%

The company has a fifty day moving average price of $76.12 and a two-hundred day moving average price of $74.24. The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 15.73 and a beta of 0.72.

Institutional Trading of iShares Core MSCI Pacific ETF

Several large investors have recently added to or reduced their stakes in IPAC. Trust Co. of Vermont acquired a new stake in shares of iShares Core MSCI Pacific ETF in the 3rd quarter worth $36,000. Coston McIsaac & Partners purchased a new stake in shares of iShares Core MSCI Pacific ETF in the fourth quarter valued at about $37,000. AE Wealth Management LLC increased its position in iShares Core MSCI Pacific ETF by 216.7% during the second quarter. AE Wealth Management LLC now owns 570 shares of the company’s stock worth $39,000 after purchasing an additional 390 shares during the last quarter. Activest Wealth Management acquired a new stake in iShares Core MSCI Pacific ETF during the fourth quarter worth about $44,000. Finally, MassMutual Private Wealth & Trust FSB purchased a new position in iShares Core MSCI Pacific ETF during the third quarter worth about $57,000.

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.