GenTrust LLC Cuts Stock Position in iShares Core MSCI Pacific ETF $IPAC

GenTrust LLC lowered its stake in iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) by 2.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137,140 shares of the company’s stock after selling 3,121 shares during the period. GenTrust LLC owned 0.53% of iShares Core MSCI Pacific ETF worth $9,422,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stonebridge Financial Group LLC bought a new position in iShares Core MSCI Pacific ETF in the 1st quarter valued at approximately $25,067,000. AlphaStar Capital Management LLC lifted its position in iShares Core MSCI Pacific ETF by 1,505.3% in the 1st quarter. AlphaStar Capital Management LLC now owns 174,479 shares of the company’s stock valued at $10,860,000 after acquiring an additional 163,610 shares in the last quarter. Financial Gravity Asset Management Inc. bought a new position in iShares Core MSCI Pacific ETF in the 1st quarter valued at approximately $3,501,000. Mather Group LLC. lifted its position in iShares Core MSCI Pacific ETF by 9.0% in the 2nd quarter. Mather Group LLC. now owns 653,467 shares of the company’s stock valued at $44,893,000 after acquiring an additional 53,769 shares in the last quarter. Finally, CWM LLC lifted its position in iShares Core MSCI Pacific ETF by 2,558.0% in the 2nd quarter. CWM LLC now owns 33,730 shares of the company’s stock valued at $2,317,000 after acquiring an additional 32,461 shares in the last quarter.

iShares Core MSCI Pacific ETF Trading Up 0.3%

IPAC stock opened at $74.41 on Friday. The stock has a market capitalization of $1.92 billion, a PE ratio of 15.73 and a beta of 0.74. iShares Core MSCI Pacific ETF has a 12-month low of $54.90 and a 12-month high of $75.62. The stock’s 50 day simple moving average is $73.46 and its 200 day simple moving average is $68.93.

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.