72,710 Shares in iShares Core MSCI Pacific ETF $IPAC Purchased by IFP Advisors Inc

IFP Advisors Inc purchased a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 72,710 shares of the company’s stock, valued at approximately $5,339,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Trust Co. of Vermont bought a new stake in iShares Core MSCI Pacific ETF in the third quarter worth about $36,000. AE Wealth Management LLC boosted its position in shares of 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 valued at $39,000 after buying an additional 390 shares during the period. MassMutual Private Wealth & Trust FSB bought a new position in shares of iShares Core MSCI Pacific ETF during the third quarter valued at approximately $57,000. CIBC Private Wealth Group LLC grew its stake in shares of iShares Core MSCI Pacific ETF by 34.6% during the third quarter. CIBC Private Wealth Group LLC now owns 1,310 shares of the company’s stock valued at $96,000 after buying an additional 337 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of iShares Core MSCI Pacific ETF by 34.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,056 shares of the company’s stock worth $141,000 after buying an additional 527 shares during the period.

iShares Core MSCI Pacific ETF Stock Performance

Shares of IPAC stock opened at $76.51 on Friday. iShares Core MSCI Pacific ETF has a 52-week low of $54.90 and a 52-week high of $83.98. The firm has a market capitalization of $2.30 billion, a P/E ratio of 15.73 and a beta of 0.72. The stock has a 50 day moving average price of $79.14 and a 200 day moving average price of $75.78.

iShares Core MSCI Pacific ETF 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.