iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) Short Interest Update

iShares Core MSCI Pacific ETF (NYSEARCA:IPAC) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 127,742 shares, a growth of 39.7% from the November 30th total of 91,429 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 105,873 shares, the short-interest ratio is currently 1.2 days. Based on an average daily volume of 105,873 shares, the short-interest ratio is currently 1.2 days. Currently, 0.5% of the shares of the company are short sold.

iShares Core MSCI Pacific ETF Stock Down 0.2%

Shares of NYSEARCA IPAC opened at $73.68 on Tuesday. iShares Core MSCI Pacific ETF has a 12 month low of $54.90 and a 12 month high of $76.13. The business’s 50 day moving average is $74.22 and its two-hundred day moving average is $72.14. The company has a market cap of $1.94 billion, a P/E ratio of 15.73 and a beta of 0.72.

Institutional Trading of iShares Core MSCI Pacific ETF

Several institutional investors have recently modified their holdings of IPAC. Invesco Ltd. bought a new stake in iShares Core MSCI Pacific ETF in the 1st quarter valued at $224,000. Royal Bank of Canada grew its holdings in shares of iShares Core MSCI Pacific ETF by 122.8% in the 1st quarter. Royal Bank of Canada now owns 50,433 shares of the company’s stock worth $3,138,000 after purchasing an additional 27,794 shares during the last quarter. Amundi grew its stake in iShares Core MSCI Pacific ETF by 0.5% during the first quarter. Amundi now owns 97,278 shares of the company’s stock worth $5,857,000 after buying an additional 460 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares Core MSCI Pacific ETF by 16,064.7% during the 1st quarter. Jones Financial Companies Lllp now owns 29,743 shares of the company’s stock worth $1,851,000 after acquiring an additional 29,559 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of iShares Core MSCI Pacific ETF by 40.9% during the first quarter. Jane Street Group LLC now owns 46,748 shares of the company’s stock worth $2,910,000 after purchasing an additional 13,567 shares during the last quarter.

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.