iShares Core MSCI Pacific ETF $IPAC Shares Purchased by Mandatum Life Insurance Co Ltd

Mandatum Life Insurance Co Ltd raised its position in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 15.1% in the 4th quarter, Holdings Channel reports. The fund owned 211,923 shares of the company’s stock after purchasing an additional 27,856 shares during the period. iShares Core MSCI Pacific ETF accounts for 3.5% of Mandatum Life Insurance Co Ltd’s holdings, making the stock its 3rd biggest holding. Mandatum Life Insurance Co Ltd’s holdings in iShares Core MSCI Pacific ETF were worth $15,515,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Mccarter Private Wealth Services LLC raised its stake in shares of iShares Core MSCI Pacific ETF by 123.3% during the fourth quarter. Mccarter Private Wealth Services LLC now owns 18,319 shares of the company’s stock valued at $1,341,000 after purchasing an additional 10,116 shares during the period. Elm Partners Management LLC raised its stake in shares of iShares Core MSCI Pacific ETF by 3.4% during the fourth quarter. Elm Partners Management LLC now owns 489,530 shares of the company’s stock valued at $35,839,000 after purchasing an additional 16,183 shares during the period. Garde Capital Inc. raised its stake in shares of iShares Core MSCI Pacific ETF by 0.8% during the fourth quarter. Garde Capital Inc. now owns 144,347 shares of the company’s stock valued at $10,568,000 after purchasing an additional 1,214 shares during the period. Kingsview Wealth Management LLC raised its stake in shares of iShares Core MSCI Pacific ETF by 5.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 84,537 shares of the company’s stock valued at $6,189,000 after purchasing an additional 4,721 shares during the period. Finally, Millington Financial Advisors LLC raised its stake in shares of iShares Core MSCI Pacific ETF by 4.5% during the fourth quarter. Millington Financial Advisors LLC now owns 29,264 shares of the company’s stock valued at $2,343,000 after purchasing an additional 1,266 shares during the period.

iShares Core MSCI Pacific ETF Stock Down 3.3%

IPAC opened at $80.63 on Friday. The firm has a market capitalization of $2.50 billion, a P/E ratio of 15.73 and a beta of 0.70. The firm’s 50 day moving average is $80.53 and its 200-day moving average is $78.11. iShares Core MSCI Pacific ETF has a 52-week low of $65.51 and a 52-week high of $83.98.

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.