Navellier & Associates Inc. Makes New Investment in iShares MSCI Pacific ex Japan ETF $EPP

Navellier & Associates Inc. bought a new stake in iShares MSCI Pacific ex Japan ETF (NYSEARCA:EPP) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 13,051 shares of the company’s stock, valued at approximately $695,000.

A number of other hedge funds have also recently made changes to their positions in the company. Financial Management Professionals Inc. acquired a new position in shares of iShares MSCI Pacific ex Japan ETF in the second quarter valued at approximately $933,000. Hilltop Holdings Inc. acquired a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter worth approximately $2,714,000. Arkadios Wealth Advisors acquired a new stake in iShares MSCI Pacific ex Japan ETF during the 1st quarter worth approximately $218,000. Bank of New York Mellon Corp boosted its position in iShares MSCI Pacific ex Japan ETF by 3.3% during the 1st quarter. Bank of New York Mellon Corp now owns 23,590 shares of the company’s stock worth $1,254,000 after buying an additional 747 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in iShares MSCI Pacific ex Japan ETF by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 94,255 shares of the company’s stock worth $4,851,000 after acquiring an additional 953 shares during the last quarter. 74.75% of the stock is owned by institutional investors and hedge funds.

iShares MSCI Pacific ex Japan ETF Stock Performance

Shares of NYSEARCA EPP opened at $57.72 on Friday. iShares MSCI Pacific ex Japan ETF has a 52-week low of $48.93 and a 52-week high of $58.56. The firm has a 50 day moving average price of $55.72 and a two-hundred day moving average price of $55.16. The stock has a market cap of $2.27 billion, a P/E ratio of 18.02 and a beta of 0.78.

iShares MSCI Pacific ex Japan ETF Company Profile

iShares MSCI Pacific ex Japan ET (the Fund), formerly iShares MSCI Pacific ex-Japan Index Fund, is an exchange-traded fund (ETF). The Fund seeks to provide investment results that correspond generally to the price and yield performance of publicly traded securities in the aggregate in the Australia, Hong Kong, New Zealand and Singapore markets, as measured by the MSCI Pacific ex-Japan Index (the Index). The Fund invests in a representative sample of securities that collectively has an investment profile similar to the underlying index.