Blue Edge Capital LLC Has $7.11 Million Stock Holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC)

Blue Edge Capital LLC grew its holdings in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 2.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 116,405 shares of the company’s stock after acquiring an additional 2,640 shares during the period. iShares Core MSCI Pacific ETF makes up 1.1% of Blue Edge Capital LLC’s portfolio, making the stock its 24th biggest position. Blue Edge Capital LLC’s holdings in iShares Core MSCI Pacific ETF were worth $7,112,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Bessemer Group Inc. raised its stake in shares of iShares Core MSCI Pacific ETF by 3.5% in the 4th quarter. Bessemer Group Inc. now owns 141,568 shares of the company’s stock valued at $8,649,000 after buying an additional 4,802 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of iShares Core MSCI Pacific ETF in the 4th quarter valued at $379,000. Wells Fargo & Company MN raised its stake in shares of iShares Core MSCI Pacific ETF by 8.7% in the 4th quarter. Wells Fargo & Company MN now owns 104,078 shares of the company’s stock valued at $6,359,000 after buying an additional 8,322 shares in the last quarter. Yoffe Investment Management LLC acquired a new position in shares of iShares Core MSCI Pacific ETF in the 4th quarter valued at $895,000. Finally, Atlas Capital Advisors Inc. raised its stake in shares of iShares Core MSCI Pacific ETF by 10.5% in the 4th quarter. Atlas Capital Advisors Inc. now owns 36,912 shares of the company’s stock valued at $2,255,000 after buying an additional 3,511 shares in the last quarter.

iShares Core MSCI Pacific ETF Stock Performance

IPAC opened at $60.38 on Thursday. The firm’s 50-day simple moving average is $62.33 and its 200-day simple moving average is $62.82. iShares Core MSCI Pacific ETF has a twelve month low of $54.90 and a twelve month high of $67.43. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 15.05 and a beta of 0.74.

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.