Bank OZK Takes Position in iShares Core MSCI Pacific ETF $IPAC

Bank OZK acquired a new stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,467 shares of the company’s stock, valued at approximately $612,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in iShares Core MSCI Pacific ETF by 9.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,201,616 shares of the company’s stock worth $161,180,000 after purchasing an additional 184,954 shares during the period. Morgan Stanley grew its stake in shares of iShares Core MSCI Pacific ETF by 1.7% in the 4th quarter. Morgan Stanley now owns 927,022 shares of the company’s stock valued at $67,867,000 after buying an additional 15,505 shares during the period. Stifel Financial Corp grew its stake in shares of iShares Core MSCI Pacific ETF by 2.5% in the 4th quarter. Stifel Financial Corp now owns 558,045 shares of the company’s stock valued at $40,854,000 after buying an additional 13,675 shares during the period. Elm Partners Management LLC increased its holdings in shares of iShares Core MSCI Pacific ETF by 3.4% during the 4th quarter. Elm Partners Management LLC now owns 489,530 shares of the company’s stock worth $35,839,000 after buying an additional 16,183 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in shares of iShares Core MSCI Pacific ETF by 11.3% during the 1st quarter. Bessemer Group Inc. now owns 428,615 shares of the company’s stock worth $32,794,000 after buying an additional 43,407 shares during the last quarter.

iShares Core MSCI Pacific ETF Price Performance

Shares of IPAC stock traded down $0.50 during trading on Tuesday, hitting $86.64. 74,140 shares of the stock traded hands, compared to its average volume of 122,569. The firm has a market capitalization of $2.78 billion, a P/E ratio of 15.73 and a beta of 0.71. The firm’s fifty day moving average price is $83.91 and its 200-day moving average price is $81.64. iShares Core MSCI Pacific ETF has a 52-week low of $71.46 and a 52-week high of $87.31.

About iShares Core MSCI Pacific ETF

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.