FDx Advisors Inc. Makes New Investment in iShares Core MSCI Pacific ETF $IPAC

FDx Advisors Inc. purchased a new stake in shares of iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 37,500 shares of the company’s stock, valued at approximately $3,192,000. iShares Core MSCI Pacific ETF makes up approximately 2.2% of FDx Advisors Inc.’s investment portfolio, making the stock its 14th biggest position. FDx Advisors Inc. owned 0.12% of iShares Core MSCI Pacific ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of IPAC. Edgemoor Investment Advisors Inc. bought a new stake in shares of iShares Core MSCI Pacific ETF in the third quarter worth approximately $452,000. Kestra Advisory Services LLC increased its stake in shares of iShares Core MSCI Pacific ETF by 48.4% in the 3rd quarter. Kestra Advisory Services LLC now owns 8,151 shares of the company’s stock worth $694,000 after purchasing an additional 2,658 shares in the last quarter. Commonwealth Equity Services LLC bought a new position in shares of iShares Core MSCI Pacific ETF in the third quarter worth about $867,000. Richardson Financial Services Inc. raised its stake in iShares Core MSCI Pacific ETF by 19.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 21,726 shares of the company’s stock worth $1,849,000 after acquiring an additional 3,469 shares during the period. Finally, Moneywise Inc. bought a new stake in shares of iShares Core MSCI Pacific ETF during the 3rd quarter valued at $465,000.

iShares Core MSCI Pacific ETF Stock Up 1.2%

Shares of iShares Core MSCI Pacific ETF stock opened at $82.19 on Thursday. The stock’s 50-day simple moving average is $84.44 and its 200-day simple moving average is $82.12. iShares Core MSCI Pacific ETF has a 52 week low of $71.46 and a 52 week high of $87.31. The company has a market capitalization of $2.67 billion, a price-to-earnings ratio of 16.46 and a beta of 0.76.

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.